Bond Altria Corporation 4.125% ( US02209SAK96 ) in USD
Issuer | Altria Corporation | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 4.125% per year ( payment 2 times a year) | ||
Maturity | 11/09/2015 - Bond has expired | ||
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Minimal amount | 2 000 USD | ||
Total amount | 1 000 000 000 USD | ||
Cusip | 02209SAK9 | ||
Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) | ||
Moody's rating | Baa1 ( Lower medium grade - Investment-grade ) | ||
Detailed description |
Altria Group is a leading tobacco company in the United States, holding a dominant market share in cigarettes through brands like Marlboro, and also investing in alternative products like e-cigarettes and cannabis. A detailed analysis of the Altria Group bond, identified by ISIN US02209SAK96 and CUSIP 02209SAK9, reveals key characteristics of this fixed-income instrument issued from the United States. Altria Group, a prominent American corporation, is globally recognized as one of the largest producers and marketers of tobacco, cigarettes, and related products, with significant investments in wine and beer. Its diverse portfolio includes well-known brands, establishing its position as a major player in the consumer staples sector, which often underpins its creditworthiness in the capital markets. This specific bond, denominated in USD, carried a coupon interest rate of 4.125%. The total issuance size for this debt instrument amounted to $1,000,000,000, with a minimum purchase increment set at $2,000 for investors. Throughout its lifecycle, the bond's market price was observed at 100% of its par value, reflecting its stable valuation up to its maturity. Scheduled for repayment on September 11, 2015, this obligation has since matured and was successfully reimbursed to its holders. Interest payments for this bond were structured with a semi-annual frequency. Its credit quality was assessed by leading rating agencies, with Standard & Poor's assigning a BBB+ rating and Moody's providing a Baa1 rating, both considered investment-grade classifications, indicating a moderate credit risk at the time of issuance and throughout its life until maturity. |