Philip Morris International Notes Mature

Ticker: PM · Form: 8-K · Filed: 2024-09-03T00:00:00.000Z

Sentiment: neutral

Topics: debt-maturity, regulation-fd, financing

TL;DR

PM's 2024 notes are maturing, check their cash position.

AI Summary

Philip Morris International Inc. filed an 8-K on September 3, 2024, to report on the expiration of its "A0.625% Notes due 2024" and "A3.250% Notes due 2024". The filing also includes information on various other notes with different maturity dates and interest rates, such as "A2.750% Notes due 2025" and "A3.750% Notes Due 2031".

Why It Matters

This filing indicates the maturity and potential repayment of specific debt instruments, which can impact the company's cash flow and financial structure.

Risk Assessment

Risk Level: low — The filing primarily concerns the maturity of existing debt, which is a routine financial event and does not indicate new or unexpected risks.

Key Numbers

Key Players & Entities

FAQ

What is the total principal amount of the notes that matured in 2024?

The filing does not specify the principal amounts for the A0.625% Notes due 2024 and A3.250% Notes due 2024 that matured on September 3, 2024.

What is the purpose of filing this 8-K regarding note maturities?

The purpose is to inform the public and stakeholders about the expiration of specific debt obligations, as required by regulations.

Are there any new debt issuances mentioned in this filing?

No, this filing primarily concerns the maturity of existing notes and does not mention any new debt issuances.

What are the interest rates of the notes maturing in 2024?

The notes maturing in 2024 had interest rates of 0.625% and 3.250%.

Does this filing indicate any financial distress for Philip Morris International?

No, the maturity of debt is a normal part of a company's financial cycle and does not, by itself, indicate financial distress.

From the Filing

0001413329-24-000155.txt : 20240903 0001413329-24-000155.hdr.sgml : 20240903 20240903070514 ACCESSION NUMBER: 0001413329-24-000155 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240903 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240903 DATE AS OF CHANGE: 20240903 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: 241271884 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-20240903.htm 8-K pm-20240903 0001413329 false 0001413329 2024-09-03 2024-09-03 0001413329 us-gaap:CommonStockMember 2024-09-03 2024-09-03 0001413329 pm:A0.625Notesdue2024Member 2024-09-03 2024-09-03 0001413329 pm:A3.250Notesdue2024Member 2024-09-03 2024-09-03 0001413329 pm:A2.750Notesdue2025Member 2024-09-03 2024-09-03 0001413329 pm:A3.375Notesdue2025Member 2024-09-03 2024-09-03 0001413329 pm:A2.750Notesdue2026Member 2024-09-03 2024-09-03 0001413329 pm:A2.875Notesdue2026Member 2024-09-03 2024-09-03 0001413329 pm:A0.125Notesdue2026Member 2024-09-03 2024-09-03 0001413329 pm:A3.125Notesdue2027Member 2024-09-03 2024-09-03 0001413329 pm:A3.125Notesdue2028Member 2024-09-03 2024-09-03 0001413329 pm:A2.875Notesdue2029Member 2024-09-03 2024-09-03 0001413329 pm:A3.375Notesdue2029Member 2024-09-03 2024-09-03 0001413329 pm:A3.750NotesDue2031Member 2024-09-03 2024-09-03 0001413329 pm:A0.800Notesdue2031Member 2024-09-03 2024-09-03 0001413329 pm:A3.125Notesdue2033Member 2024-09-03 2024-09-03 0001413329 pm:A2.000Notesdue2036Member 2024-09-03 2024-09-03 0001413329 pm:A1.875Notesdue2037Member 2024-09-03 2024-09-03 0001413329 pm:A6.375Notesdue2038Member 2024-09-03 2024-09-03 0001413329 pm:A1.450Notesdue2039Member 2024-09-03 2024-09-03 0001413329 pm:A4.375Notesdue2041Member 2024-09-03 2024-09-03 0001413329 pm:A4.500Notesdue2042Member 2024-09-03 2024-09-03 0001413329 pm:A3.875Notesdue2042Member 2024-09-03 2024-09-03 0001413329 pm:A4.125Notesdue2043Member 2024-09-03 2024-09-03 0001413329 pm:A4.875Notesdue2043Member 2024-09-03 2024-09-03 0001413329 pm:A4.250Notesdue2044Member 2024-09-03 2024-09-03 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): September 3, 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 registe

View on Read The Filing