Altria says commences tender offer to buy debt

giovedì 31 gennaio 2008 14:45
 

Jan 31 (Reuters) - Altria Group Inc (MO.N: Quotazione) said it commenced tender offers to buy notes and debentures worth $2.6 billion, in connection with a planned spin-off of its unit Philip Morris International Inc.

The tender offers also include the purchase of bonds worth about one billion euros, the company said in a statement. (Reporting by Avishek Mishra in Bangalore; Editing by Amitha Rajan)