8-KOther Events

ALTRIA GROUP, INC. 8-K Report (Nov 4, 2003)

Filed November 4, 2003For Securities:MO

Summary

Altria Group, Inc. (MO) filed a Form 8-K on November 3, 2003, reporting on the issuance of new debt securities. Specifically, the company has completed a public offering of $500 million in 5 5/8% Notes due 2008 and $1 billion in 7% Notes due 2013, totaling $1.5 billion in aggregate principal amount. This filing includes the Terms Agreement and other related documents for these offerings. This debt issuance provides Altria with significant capital, likely to support its ongoing operations, strategic initiatives, or potential acquisitions. Investors should note the details of the new notes, including their coupon rates and maturity dates, as they represent a substantial addition to the company's outstanding debt. The filing indicates a proactive approach to managing its capital structure and funding needs.

Key Highlights

  • 1Altria Group, Inc. has issued $500 million in 5 5/8% Notes due 2008.
  • 2Altria Group, Inc. has issued $1 billion in 7% Notes due 2013.
  • 3The total aggregate principal amount of the new notes issued is $1.5 billion.
  • 4The filing includes the Terms Agreement and other related documents for the note offerings.
  • 5The notes were issued under a registration statement filed on October 30, 2003.
  • 6This event signifies a significant debt financing by Altria Group, Inc.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report on the public offering of new debt securities by Altria Group, Inc. and to file the associated legal and transactional documents, such as the Terms Agreement.

Altria Group, Inc. issued a total of $1.5 billion in debt, comprised of $500 million in 5 5/8% Notes due 2008 and $1 billion in 7% Notes due 2013.

The new notes consist of $500 million of 5 5/8% Notes due in 2008 and $1 billion of 7% Notes due in 2013.

The filing of the Terms Agreement signifies that the specific terms and conditions under which the notes were offered and sold have been finalized and are now publicly disclosed.