Altria Group, Inc.
Altria Group, Inc. Extends Credit Agreement Expiration Date
Summary
On July 23, 2025, Altria Group, Inc. extended the expiration date of its $3.0 billion senior unsecured 5-year revolving credit agreement from October 24, 2028 to October 24, 2029, with JPMorgan Chase Bank, N.A. and Citibank, N.A. as administrative agents. The agreement maintains all other terms and conditions in full force and effect.
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About Altria Group, Inc.
Altria Group, Inc. is a holding company with a primary focus on the manufacture and sale of cigarettes and related products. Serving as a leading player in the tobacco industry, Altria is best known for its premium cigarette brand, Marlboro, which holds a significant market share in the United States. Beyond cigarettes, the company has established a diversified portfolio by investing in smokeless tobacco products, wine via its subsidiary Ste. Michelle Wine Estates, and a stake in the cannabis market through its investment in Cronos Group. Altria's strategic expansions into non-cigarette categories reflect its aim to navigate changing consumer preferences and regulatory landscapes. As one of the foremost publicly traded entities in its sector, Altria plays a significant role in the broader consumer goods market. The company continues to engage with shifting market dynamics by fostering innovation in reduced-risk products while maintaining its strong presence in traditional tobacco markets.
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