S&P May Lower Altria, Kraft Debt Ratings

The rating agency cites the heightened litigation risk in the U.S. tobacco industry

On Mar. 28, Standard & Poor's said that its 'A' corporate credit ratings on Altria Group (MO ) and related entities, including its Kraft Foods (KF ) subsidiary, remain on CreditWatch with negative implications where they were placed on Mar. 24. Standard & Poor's also said that the ratings may be lowered in the near term.

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