Philip Morris International Tender Offer Expires

Ticker: PM · Form: 8-K · Filed: 2024-05-08T00:00:00.000Z

Sentiment: neutral

Topics: debt, tender-offer

Related Tickers: PM

TL;DR

PM's tender offer for 2024 notes expired, no notes accepted.

AI Summary

Philip Morris International Inc. filed an 8-K on May 8, 2024, to report on the expiration of its previously announced cash tender offer for its 2.875% Notes due 2024. The offer expired on May 7, 2024, and the company did not accept any notes for purchase.

Why It Matters

This filing indicates that Philip Morris International did not proceed with repurchasing its 2024 notes through the tender offer, suggesting no immediate change in its debt structure related to this specific offering.

Risk Assessment

Risk Level: low — The filing is a routine disclosure regarding a tender offer that expired without action, posing no new or immediate risks.

Key Players & Entities

FAQ

What was the purpose of the 8-K filing by Philip Morris International Inc. on May 8, 2024?

The 8-K filing was to report on the expiration of its previously announced cash tender offer for its 2.875% Notes due 2024.

When did the cash tender offer for the 2.875% Notes due 2024 expire?

The cash tender offer expired on May 7, 2024.

Did Philip Morris International Inc. accept any notes for purchase in the tender offer?

No, the company did not accept any notes for purchase in the tender offer.

What specific series of notes was the subject of the tender offer?

The tender offer was for Philip Morris International Inc.'s 2.875% Notes due 2024.

What is the filing date of this 8-K report?

The filing date of this 8-K report is May 8, 2024.

From the Filing

0001413329-24-000094.txt : 20240508 0001413329-24-000094.hdr.sgml : 20240508 20240508105622 ACCESSION NUMBER: 0001413329-24-000094 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240508 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Philip Morris International Inc. CENTRAL INDEX KEY: 0001413329 STANDARD INDUSTRIAL CLASSIFICATION: CIGARETTES [2111] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133435103 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33708 FILM NUMBER: 24924756 BUSINESS ADDRESS: STREET 1: 677 WASHINGTON BLVD, STE. 1100 CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-905-2410 MAIL ADDRESS: STREET 1: 677 WASHINGTON BLVD, STE. 1100 CITY: STAMFORD STATE: CT ZIP: 06901 8-K 1 pm-20240508.htm 8-K pm-20240508 0001413329 false 0001413329 2024-05-08 2024-05-08 0001413329 us-gaap:CommonStockMember 2024-05-08 2024-05-08 0001413329 pm:A2.875Notesdue20241Member 2024-05-08 2024-05-08 0001413329 pm:A0.625Notesdue2024Member 2024-05-08 2024-05-08 0001413329 pm:A3.250Notesdue2024Member 2024-05-08 2024-05-08 0001413329 pm:A2.750Notesdue2025Member 2024-05-08 2024-05-08 0001413329 pm:A3.375Notesdue2025Member 2024-05-08 2024-05-08 0001413329 pm:A2.750Notesdue2026Member 2024-05-08 2024-05-08 0001413329 pm:A2.875Notesdue2026Member 2024-05-08 2024-05-08 0001413329 pm:A0.125Notesdue2026Member 2024-05-08 2024-05-08 0001413329 pm:A3.125Notesdue2027Member 2024-05-08 2024-05-08 0001413329 pm:A3.125Notesdue2028Member 2024-05-08 2024-05-08 0001413329 pm:A2.875Notesdue2029Member 2024-05-08 2024-05-08 0001413329 pm:A3.375Notesdue2029Member 2024-05-08 2024-05-08 0001413329 pm:A0.800Notesdue2031Member 2024-05-08 2024-05-08 0001413329 pm:A3.125Notesdue2033Member 2024-05-08 2024-05-08 0001413329 pm:A2.000Notesdue2036Member 2024-05-08 2024-05-08 0001413329 pm:A1.875Notesdue2037Member 2024-05-08 2024-05-08 0001413329 pm:A6.375Notesdue2038Member 2024-05-08 2024-05-08 0001413329 pm:A1.450Notesdue2039Member 2024-05-08 2024-05-08 0001413329 pm:A4.375Notesdue2041Member 2024-05-08 2024-05-08 0001413329 pm:A4.500Notesdue2042Member 2024-05-08 2024-05-08 0001413329 pm:A3.875Notesdue2042Member 2024-05-08 2024-05-08 0001413329 pm:A4.125Notesdue2043Member 2024-05-08 2024-05-08 0001413329 pm:A4.875Notesdue2043Member 2024-05-08 2024-05-08 0001413329 pm:A4.250Notesdue2044Member 2024-05-08 2024-05-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 8, 2024 Philip Morris International Inc. (Exact name of registrant as specified in its charter) Virginia 1-33708 13-3435103 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 677 Washington Blvd, Ste. 1100 Stamford Connecticut 06901 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 203 )  905-2410 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Co

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