Fitch rates Altria notes BBB+

Fitch Ratings said it assigned a BBB+ rating to Altria Group, Inc.'s $775 million guaranteed fixed-rate senior notes maturing in 18 months. The issuer default rating is BBB+.

This offering follows a Nov. 10, 2008 issuance of $6 billion of guaranteed senior unsecured notes.

The outlook is stable.

Proceeds will be used to fund a portion of its $11.7 billion purchase of UST Inc., including the assumption of debt. The acquisition is expected to close early January.

For the 12 months ended Sept. 30, total debt-to-operating EBITDA was 2.2 times.

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