Philip Morris International Inc. has announced that it will redeem all of its outstanding 4.875% Notes due February 13, 2026, on December 4, 2025. The total amount of notes to be redeemed is $1.7 billion. Holders of the notes will receive a redemption price equal to the greater of 100% of the principal amount or the present value of the remaining scheduled payments, plus any accrued and unpaid interest up to, but not including, the redemption date.
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