Philip Morris International Inc.
PMI Announces Redemption of 4.875% Notes Due 2026
Summary
On November 17, 2025, Philip Morris International Inc. announced the redemption of all its outstanding 4.875% Notes due February 13, 2026, totaling $1.7 billion in principal. The redemption will occur on December 4, 2025, with the payment calculated based on the sum of the present values of each remaining scheduled payment of principal and interest, discounted to the redemption date at a specified rate plus 15 basis points, plus accrued and unpaid interest.
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About Philip Morris International Inc.
Philip Morris International Inc. is a leading global tobacco company primarily engaged in the manufacture and sale of cigarettes and other nicotine-containing products. Known for owning some of the world's best-selling cigarette brands like Marlboro, Philip Morris International plays a significant role in the consumer goods sector. The company's strategic focus includes developing smoke-free alternatives such as heated tobacco systems and e-cigarettes, addressing shifting consumer preferences and regulatory landscapes. Headquartered in New York City, Philip Morris operates in over 180 countries, showcasing a robust international presence. The firm is noteworthy for its commitment to transforming public health narratives within the tobacco industry by advocating for reduced-risk products. As part of its market significance, Philip Morris International drives innovation in tobacco products, influencing regulatory frameworks and competitive dynamics in the global market.
Official SEC Documents
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