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Form 8-K · Current Report · Filed 2025-02-06

Altria Group Issues New Notes

On February 6, 2025, Altria Group, Inc. issued $500 million aggregate principal amount of 4.875% Notes due 2028 and $500 million of 5.625% Notes due 2035 under an Indenture dated November 4, 2008. Each series of Notes is guaranteed by Philip Morris USA Inc. The notes were issued through an Underwriting Agreement with Deutsche Bank Securities Inc., Santander US Capital Markets LLC, Scotia Capital (USA) Inc., and Wells Fargo Securities, LLC. The notes will mature on February 4, 2028, and February 6, 2035, respectively.

Filer
Altria Group, Inc. MO · NYSE
Filed
Accession
0001193125-25-021816
CIK
0000764180
Signal
Medium impactConsumer Defensive

Items reported

Item 8.01

Other Events

Convertible Notes Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$52.58

Next session

+0.2%

Since filing

+30.0%

Latest close

$68.33

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MO reporting the same item, with the next session's move:

Exhibits (6)

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.

Exchange NYSE Industry Tobacco Company website ↗

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