Altria plans to offer guaranteed senior notes in three parts

By Marisa Wong

Los Angeles, May 4 – Altria Group, Inc. is planning a three-part offering of senior notes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by wholly owned subsidiary Philip Morris USA Inc.

Barclays, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Scotia Capital (USA) Inc. are the underwriters.

Proceeds will be used for general corporate purposes, including repaying amounts outstanding under the company’s revolving credit facility.

Altria is a tobacco company based in Richmond, Va.

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