Philip Morris Capital Corporation is a wholly-owned subsidiary of Altria Group. The company's portfolio consists of leveraged and direct finance lease investments leased to primarily investment grade credits. PMCC was founded in 1982. The company has built a diversified portfolio of assets by providing the equity portion of lease financing of domestic and international assets such as aircraft, manufacturing facilities, power generation assets and real estate. Altria Group is the parent company of Kraft Foods, Philip Morris International, Philip Morris USA and Philip Morris Capital Corporation. Altria Group has been in operation since 1985. PMCC is headquartered in Stamford, Conn.
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