Fitch gives Altria notes BBB

Fitch Ratings said it assigned a BBB rating to Altria Group Inc.'s multi-tranche benchmark-sized senior notes offering.

Proceeds will be used for general corporate purposes, which may include repayment of amounts outstanding under the company's revolving credit facility.

The notes will be guaranteed by Altria's wholly owned subsidiary, Philip Morris USA Inc. The guarantee will rank equally with all of Philip Morris' senior unsecured indebtedness.

The outlook is stable.

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