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Altria Group Announces Massive $2 Billion Note Offer; Guidance Adjusted Accordingly

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Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - August 06, 09:16AM from (www.dividend.com)

Tobacco giant Altria Group, Inc. (MO) on Monday announced a move aimed at reducing the amount of its debt, which is scheduled to mature in certain future years. The Richmond, VA-based company is commencing a cash tender offer for up to $2.0 billion aggregate principal amount of its senior unsecured notes. MO hopes the move ...

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