Philip Morris International Issues €1 Billion in Senior Unsecured Notes, Maturing in 2029 and 2032

Reuters
06-07
Philip Morris International Issues €1 Billion in Senior Unsecured Notes, Maturing in 2029 and 2032

Philip Morris International Inc. $(PMI.UK)$ has announced the issuance of €1 billion in debt securities, divided equally between two offerings. The company issued €500 million of its 2.750% Notes, which will mature on June 6, 2029, and another €500 million of its 3.250% Notes, set to mature on June 6, 2032. Interest on both issuances is payable annually in arrears on June 6, beginning in 2026. These notes are senior unsecured obligations and will rank equally with all existing and future senior unsecured indebtedness of PMI. The proceeds from the debt offering are intended for general corporate purposes, including repayment of outstanding commercial paper and meeting working capital requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Philip Morris International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-057314), on June 06, 2025, and is solely responsible for the information contained therein.

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