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Published on 12/15/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Philip Morris to fully redeem outstanding 1.875% notes due 2021

By Taylor Fox

New York, Dec. 15 – Philip Morris International Inc. will fully redeem its outstanding $750 million 1.875% notes due Feb. 25, 2021 (Cusip: 718172BS7) on Jan. 25, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus interest.

The producer of cigarette and tobacco products is based in New York.


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