AI English summary of an SEC filing — figures as filed
Altria said it issued 4.875% Notes due 2028 with a principal amount of $500,000,000 and 5.625% Notes due 2035 with a principal amount of $500,000,000 on February 6, 2025.
Key points
AI summaryAltria said it issued 4.875% Notes due 2028 with a principal amount of $500,000,000 and 5.625% Notes due 2035 with a principal amount of $500,000,000 on February 6, 2025.
The company said the Notes are senior unsecured obligations that rank equally in right of payment with all of its existing and future senior unsecured indebtedness, and that each series is guaranteed by its wholly owned subsidiary Philip Morris USA Inc. (PM USA).
Altria said interest on the 2028 Notes is payable semiannually on February 4 and August 4, beginning August 4, 2025, and interest on the 2035 Notes is payable semiannually on February 6 and August 6, beginning August 6, 2025. The notes mature on February 4, 2028 and February 6, 2035, respectively.
The company said it entered into a Terms Agreement on February 4, 2025 with Deutsche Bank Securities Inc., Santander US Capital Markets LLC, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC to sell the Notes to the underwriters. It also filed a Prospectus dated October 26, 2023 and a Prospectus Supplement dated February 4, 2025.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Altria Issues 4.875% Notes Due 2028 and 5.625% Notes Due 2035
Altria said it issued 4.875% Notes due 2028 with a principal amount of $500,000,000 and 5.625% Notes due 2035 with a principal amount of $500,000,000 on February 6, 2025.
Source · Based on the filing body and exhibits
Senior Unsecured Status of Notes and PM USA Guarantee
The company said the Notes are senior unsecured obligations that rank equally in right of payment with all of its existing and future senior unsecured indebtedness, and that each series is guaranteed by its wholly owned subsidiary Philip Morris USA Inc. (PM USA).
Source · Based on the filing body and exhibits
Interest Payment Schedule and Maturity Dates
Altria said interest on the 2028 Notes is payable semiannually on February 4 and August 4, beginning August 4, 2025, and interest on the 2035 Notes is payable semiannually on February 6 and August 6, beginning August 6, 2025. The notes mature on February 4, 2028 and February 6, 2035, respectively.
Source · Based on the filing body and exhibits
Terms Agreement and Offering Documents Filed
The company said it entered into a Terms Agreement on February 4, 2025 with Deutsche Bank Securities Inc., Santander US Capital Markets LLC, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC to sell the Notes to the underwriters. It also filed a Prospectus dated October 26, 2023 and a Prospectus Supplement dated February 4, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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