Philip Morris International Files 8-K Listing Debt Notes
Ticker: PM · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1413329
Sentiment: neutral
Topics: debt, filing, disclosure
Related Tickers: PM
TL;DR
PM files 8-K detailing various debt notes due between 2025-2038 with rates from 0.125% to 6.375%.
AI Summary
Philip Morris International Inc. filed an 8-K on January 16, 2025, to report other events and financial statements. The filing primarily lists various debt instruments, including notes due in 2025, 2026, 2027, 2028, 2029, 2031, 2033, 2036, 2037, and 2038, with coupon rates ranging from 0.125% to 6.375%.
Why It Matters
This filing provides transparency into Philip Morris International's outstanding debt obligations and their associated interest rates, which can impact investor analysis of the company's financial structure and leverage.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of existing debt instruments and does not indicate new or unusual financial events.
Key Numbers
- 2025-2038 — Note Maturities (Range of maturity dates for listed debt instruments.)
- 0.125% - 6.375% — Coupon Rates (Range of interest rates for the disclosed notes.)
Key Players & Entities
- Philip Morris International Inc. (company) — Filer
- 0001413329-25-000006 (filing_id) — Accession Number
- 20250116 (date) — Filing Date
- 6.375% (interest_rate) — Highest coupon rate on listed notes
- 0.125% (interest_rate) — Lowest coupon rate on listed notes
FAQ
What is the total principal amount of the debt instruments listed in this filing?
The filing does not specify the principal amounts for the listed debt instruments.
Are these new debt issuances or existing debt?
The filing lists various notes due in different years, suggesting these are existing debt instruments being disclosed.
What is the purpose of filing these debt instrument details?
This 8-K filing is for 'Other Events' and 'Financial Statements and Exhibits,' indicating a routine disclosure of financial information.
What is the earliest maturity date for the notes listed?
The earliest maturity date for the notes listed is 2025.
What is the latest maturity date for the notes listed?
The latest maturity date for the notes listed is 2038.
Filing Stats: 767 words · 3 min read · ~3 pages · Grade level 7.4 · Accepted 2025-01-16 13:18:57
Filing Documents
- pm-20250116.htm (8-K) — 69KB
- fdarelease.htm (EX-99.1) — 21KB
- 0001413329-25-000006.txt ( ) — 399KB
- pm-20250116.xsd (EX-101.SCH) — 8KB
- pm-20250116_def.xml (EX-101.DEF) — 27KB
- pm-20250116_lab.xml (EX-101.LAB) — 56KB
- pm-20250116_pre.xml (EX-101.PRE) — 29KB
- pm-20250116_htm.xml (XML) — 19KB
01. Other Events
Item 8.01. Other Events. On January 16, 2025, the U.S. Food and Drug Administration issued a decision making ZYN the first authorized nicotine pouch in the United States. Swedish Match North America, LLC, a subsidiary of Philip Morris International Inc., issued a press release announcing this decision, attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference to this Item 8.01. In accordance with General Instruction B.2 of Form 8-K, the information in Item 8.01 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 8.01 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 Swedish Match North America, LLC Press Release, dated January 16, 2025 (furnished pursuant to Item 8.01). 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: January 16, 2025