Philip Morris International Notes Exchange Offer Expires

TL;DR

PM's debt exchange offer is over, details on what was swapped still pending.

AI Summary

Philip Morris International Inc. filed an 8-K on June 7, 2024, to report on the expiration of its previously announced offer to exchange its existing notes for new notes. The exchange offer, which commenced on May 23, 2024, expired at 5:00 P.M., New York City time, on June 6, 2024. The company did not announce the aggregate principal amount of notes validly tendered and accepted for exchange.

Why It Matters

This filing indicates the conclusion of a debt exchange offer, which could impact the company's capital structure and future financing costs.

Risk Assessment

Risk Level: low — The filing is a routine disclosure regarding the expiration of a debt exchange offer and does not contain new material financial information or strategic changes.

Key Players & Entities

• Philip Morris International Inc. (company) — Filer of the 8-K
• June 7, 2024 (date) — Filing date of the 8-K
• May 23, 2024 (date) — Commencement date of the exchange offer
• June 6, 2024 (date) — Expiration date of the exchange offer

FAQ

Key Financial Figures

• $1.30 — eclared a regular quarterly dividend of $1.30 per common share, which press release i

Filing Documents

• pm-20240607.htm (8-K) — 71KB
• june2024dividend.htm (EX-99.1) — 10KB
• image_0a.jpg (GRAPHIC) — 327KB
• 0001413329-24-000128.txt ( ) — 832KB
• pm-20240607.xsd (EX-101.SCH) — 8KB
• pm-20240607_def.xml (EX-101.DEF) — 27KB
• pm-20240607_lab.xml (EX-101.LAB) — 56KB
• pm-20240607_pre.xml (EX-101.PRE) — 29KB
• pm-20240607_htm.xml (XML) — 20KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On June 7, 2024, Philip Morris International Inc. issued a press release announcing that its Board of Directors declared a regular quarterly dividend of $1.30 per common share, which press release is attached as Exhibit 99.1 to this Item 7.01 of this Current Report on Form 8-K and incorporated by reference herein. In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such filing or document.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Philip Morris International Inc. Press Release, dated June 7, 2024 (furnished pursuant to Item 7.01). 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document and contained in Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHILIP MORRIS INTERNATIONAL INC. By: /s/ DARLENE QUASHIE HENRY Name: Darlene Quashie Henry Title: Vice President, Associate General Counsel & Corporate Secretary Date: June 7, 2024

View Full Filing

View this 8-K filing on SEC EDGAR