Attached files

file filename
EX-4.3 - FORM OF 2.850% NOTES DUE 2022 - ALTRIA GROUP, INC.d393579dex43.htm
EX-4.4 - FORM OF 4.250% NOTES DUE 2042 - ALTRIA GROUP, INC.d393579dex44.htm
EX-1.2 - TERMS AGREEMENT, DATED AUGUST 6, 2012 - ALTRIA GROUP, INC.d393579dex12.htm
EX-4.2 - GUARANTEE AGREEMENT FOR 4.250% NOTES DUE 2042 - ALTRIA GROUP, INC.d393579dex42.htm
EX-4.1 - GUARANTEE AGREEMENT FOR 2.850% NOTES DUE 2022 - ALTRIA GROUP, INC.d393579dex41.htm
8-K - FORM 8-K - ALTRIA GROUP, INC.d393579d8k.htm

Exhibit 5.1

 

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HUNTON & WILLIAMS LLP

200 PARK AVENUE

NEW YORK, NEW YORK 10166-0005

 

TEL         212 • 309 • 1000

FAX        212 • 309 • 1100

 

FILE NO: 54587.000171

  

August 9, 2012

  

Altria Group, Inc.

Philip Morris USA Inc.

6601 West Broad Street

Richmond, Virginia 23230

 

Re: Legality of Securities Issued under Registration Statement on Form S-3

Ladies and Gentlemen:

We have acted as special counsel to Altria Group, Inc., a Virginia corporation (the “Company”), and Philip Morris USA Inc., a Virginia corporation and a wholly-owned subsidiary of the Company (the “Guarantor”), in connection with (1) the registration of an indeterminate amount of debt securities of the Company (the “Debt Securities”), guarantees of the Debt Securities (the “Guarantees”) by the Guarantor and warrants to purchase Debt Securities, as set forth in the Registration Statement on Form S-3 (Registration No. 333-177580) (the “Registration Statement”) filed by the Company and the Guarantor on October 28, 2011 with the Securities and Exchange Commission (the “Commission”) pursuant to the Securities Act of 1933, as amended (the “Act”), and (2) the Company’s offering and sale of $1,900,000,000 aggregate principal amount of its 2.850% Notes due 2022 and $900,000,000 aggregate principal amount of its 4.250% Notes due 2042 (collectively, the “Notes”). The Notes are fully and unconditionally guaranteed as to payment of principal, premium, if any, and interest by the Guarantor (the “Guarantee”).

The Notes were offered and sold as described in the prospectus, dated October 28, 2011, contained in the Registration Statement, and the pricing prospectus and prospectus supplement thereto, dated August 6, 2012 (collectively, the “Prospectus”). The Notes have been issued pursuant to an indenture (the “Indenture”), dated as of November 4, 2008, among the Company, the Guarantor and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”). The Guarantee has been issued pursuant to the Indenture as evidenced by a guarantee agreement (the “Guarantee Agreement”) made by the Guarantor in favor of the Trustee.

This opinion is being furnished in accordance with the requirements of Item 16 of Form S-3 and Item 601(b)(5)(i) of Regulation S-K.

We have examined originals or reproductions or certified copies of such records of the Company and the Guarantor, certificates of officers of the Company and the Guarantor and of

 

ATLANTA    AUSTIN    BANGKOK    BEIJING    BRUSSELS     CHARLOTTE    DALLAS    HOUSTON    LONDON    LOS ANGELES

McLEAN    MIAMI    NEW YORK    NORFOLK    RALEIGH    RICHMOND    SAN FRANCISCO    TOKYO    WASHINGTON

www.hunton.com


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Altria Group, Inc.

Philip Morris USA Inc.

August 9, 2012

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public officials and such other documents as we have deemed relevant and necessary for the purpose of rendering this opinion, including, among other things:

 

  (i) the Articles of Amendment to the Restated Articles of Incorporation of the Company and the Restated Articles of Incorporation of the Company;

 

  (ii) the Amended and Restated By-Laws of the Company;

 

  (iii) the Articles of Restatement of Amended and Restated Articles of Incorporation of the Guarantor;

 

  (iv) the Amended and Restated By-Laws of the Guarantor;

 

  (v) the resolutions of the Board of Directors of the Company authorizing the registration and the issuance and sale of the Notes;

 

  (vi) the resolutions of the Board of Directors of the Guarantor authorizing the registration and the issuance of the Guarantee;

 

  (vii) the Registration Statement, the Prospectus and the documents incorporated therein by reference, the Pricing Prospectus and the Prospectus Supplement, dated August 6, 2012, each filed under the Act;

 

  (viii) an executed copy of the Indenture;

 

  (ix) an executed copy of the Notes; and

 

  (x) an executed copy of the Guarantee Agreement.

For purposes of the opinions expressed below, we have assumed: (i) the authenticity of all documents submitted to us as originals; (ii) the conformity to the originals of all documents submitted to us as certified, photostatic or electronic copies and the authenticity of the originals of such documents; (iii) the legal capacity of natural persons; (iv) the genuineness of all signatures; and (v) the due authorization, execution and delivery of all documents by all parties and the validity, binding effect and enforceability thereof (other than the due authorization, execution and delivery of documents by the Company and the Guarantor and the validity, binding effect and enforceability thereof upon the Company and the Guarantor).


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Altria Group, Inc.

Philip Morris USA Inc.

August 9, 2012

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We do not purport to express an opinion on any laws other than those of the Commonwealth of Virginia, the State of New York and the federal laws of the United States of America.

Based upon the foregoing and subject to the qualifications set forth below, we are of the opinion that:

1.    The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the Commonwealth of Virginia, with corporate power and authority to issue the Notes in accordance with and subject to their terms and the terms of the Indenture.

2.    The Guarantor has been duly incorporated and is validly existing as a corporation in good standing under the laws of the Commonwealth of Virginia, with corporate power and authority to issue the Guarantee in accordance with and subject to their terms and the terms of the Indenture.

3.    The Notes are valid, binding and enforceable obligations of the Company, entitled to the benefits of the Indenture.

4.    The Guarantee is a valid, binding and enforceable obligation of the Guarantor.

The opinions set forth above are subject to the qualification that the validity and enforcement of the Company’s obligations under the Indenture and the Notes and the Guarantor’s obligations under the Guarantee and the underlying Guarantee Agreement may be subject to (i) the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws now or hereafter in effect relating to or affecting creditors’ rights generally, (ii) general principles of equity (whether considered in a proceeding at law or in equity) and (iii) concepts of materiality, unconscionability, reasonableness, impracticability or impossibility of performance and any implied covenant of good faith and fair dealing. Further, we call your attention to Senior Transeastern Lenders v. Official Comm. Of Unsecured Creditors (In re TOUSA, Inc., et al.), No. 11-11071, 2012 BL 119036 (11th Cir. May 15, 2012), and note that the validity and enforcement of the Guarantor’s obligations under the Guarantee and the underlying Guarantee Agreement may be subject to the holding in that case.

We hereby consent to (a) the filing of this opinion with the Commission as an exhibit to the Company’s Current Report on Form 8-K filed on the date hereof, (b) the incorporation by reference of this opinion into the Registration Statement and (c) the reference to our firm under the heading “Legal Matters” in the Registration Statement and the Prospectus. By giving such


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Altria Group, Inc.

Philip Morris USA Inc.

August 9, 2012

Page 4

 

consent, we do not admit that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission promulgated thereunder.

This opinion is limited to the matters stated in this letter, and no opinions may be implied or inferred beyond the matters expressly stated in this letter. This opinion is given as of the date hereof and we assume no obligation to advise you after the date hereof of facts or circumstances that come to our attention or changes in the law, including judicial or administrative interpretations thereof, that occur which could affect the opinions contained herein.

 

Very truly yours,

 

/s/ Hunton & Williams LLP

 

08091/08443