Altria announces consummation of cash tender
offer and final results
Richmond, va.--(business wire)--altria group, inc. (altria) (nyse:mo) today announces the consummation of and final results for its previously announced cash tender offer for any and all of its senior unsecured 9.700% notes due 2018 (the “notes”). the terms and conditions of the tender offer are described in the offer to purchase, dated february 26, 2015, the related letter of transmittal and the notice of guaranteed delivery. the tender offer for the notes expired at 5:00 p.m., new york city time, on wednesday, march 4, 2015 (the “expiration time”). the total aggregate principal amount of notes validly tendered at or prior to the expiration time and not validly withdrawn and accepted for purchase was $792,538,000, which amount includes the notes delivered in accordance with guaranteed delivery procedures. the total consideration per $1,000 principal amount of each note accepted for purchase was $1,282.76, plus accrued and unpaid interest from the last interest payment date up to, but not including, the date hereof. payment for the purchased notes was made today. this press release is neither an offer to sell nor a solicitation of offers to buy any securities. the tender offer was made only pursuant to the offer to purchase, the related letter of transmittal and the notice of guaranteed delivery. the tender offer was not made to holders of notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. please refer to the offer to purchase for a description of offer terms, conditions, disclaimers and other information applicable to the tender offer. altria’s profile altria’s wholly-owned subsidiaries include philip morris usa inc., u.s. smokeless tobacco company llc, john middleton co., nu mark llc, ste. michelle wine estates ltd. (“ste. michelle”) and philip morris capital corporation. altria holds a continuing economic and voting interest in sabmiller plc. the brand portfolios of altria’s tobacco operating companies include marlboro®, black & mild®, copenhagen®, skoal®, markten® and green smoke®. ste. michelle produces and markets premium wines sold under various labels, including chateau ste. michelle®, columbia crest®, 14 hands® and stag’s leap wine cellars™, and it imports and markets antinori®, champagne nicolas feuillatte™, torres® and villa maria estate™ products in the united states. trademarks and service marks related to altria referenced in this release are the property of altria or its subsidiaries or are used with permission. more information about altria is available at altria.com and on the altria investor app.
MO Ratings Summary
MO Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission