Philip Morris International Issues New Debt Series

Ticker: PM · Form: 8-K · Filed: 2024-09-17T00:00:00.000Z

Sentiment: neutral

Topics: debt-issuance, financing, notes

TL;DR

PM is issuing a bunch of new debt across multiple maturities. 💰

AI Summary

Philip Morris International Inc. filed an 8-K on September 17, 2024, to report on various debt issuances. The filing details the issuance of several series of notes with varying interest rates and maturity dates, including notes due in 2024, 2025, 2026, 2027, 2028, 2029, 2031, 2033, and 2036. This indicates the company is actively managing its debt structure and potentially raising capital.

Why It Matters

This filing indicates Philip Morris International is actively managing its capital structure through the issuance of new debt, which could impact its financial leverage and future interest expenses.

Risk Assessment

Risk Level: low — The filing is a routine debt issuance disclosure and does not contain information suggesting immediate or significant risks to the company.

Key Numbers

Key Players & Entities

FAQ

What specific types of notes did Philip Morris International issue?

Philip Morris International issued various notes including A0.625% Notes due 2024, A3.250% Notes due 2024, A2.750% Notes due 2025, A3.375% Notes due 2025, A2.750% Notes due 2026, A2.875% Notes due 2026, A0.125% Notes due 2026, A3.125% Notes due 2027, A3.125% Notes due 2028, A2.875% Notes due 2029, A3.375% Notes due 2029, A3.750% Notes Due 2031, A0.800% Notes due 2031, A3.125% Notes due 2033, and A2.000% Notes due 2036.

When was this 8-K filing submitted?

This 8-K filing was submitted on September 17, 2024.

What is the company's primary business as indicated by the SIC code?

The company's Standard Industrial Classification (SIC) code is 2111, which corresponds to 'CIGARETTES'.

What is the company's state of incorporation?

Philip Morris International Inc. is incorporated in Virginia (VA).

What is the company's fiscal year end?

The company's fiscal year ends on December 31.

From the Filing

0001413329-24-000160.txt : 20240917 0001413329-24-000160.hdr.sgml : 20240917 20240917091001 ACCESSION NUMBER: 0001413329-24-000160 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240917 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240917 DATE AS OF CHANGE: 20240917 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: 241302710 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-20240917.htm 8-K pm-20240917 0001413329 false 0001413329 2024-09-17 2024-09-17 0001413329 us-gaap:CommonStockMember 2024-09-17 2024-09-17 0001413329 pm:A0.625Notesdue2024Member 2024-09-17 2024-09-17 0001413329 pm:A3.250Notesdue2024Member 2024-09-17 2024-09-17 0001413329 pm:A2.750Notesdue2025Member 2024-09-17 2024-09-17 0001413329 pm:A3.375Notesdue2025Member 2024-09-17 2024-09-17 0001413329 pm:A2.750Notesdue2026Member 2024-09-17 2024-09-17 0001413329 pm:A2.875Notesdue2026Member 2024-09-17 2024-09-17 0001413329 pm:A0.125Notesdue2026Member 2024-09-17 2024-09-17 0001413329 pm:A3.125Notesdue2027Member 2024-09-17 2024-09-17 0001413329 pm:A3.125Notesdue2028Member 2024-09-17 2024-09-17 0001413329 pm:A2.875Notesdue2029Member 2024-09-17 2024-09-17 0001413329 pm:A3.375Notesdue2029Member 2024-09-17 2024-09-17 0001413329 pm:A3.750NotesDue2031Member 2024-09-17 2024-09-17 0001413329 pm:A0.800Notesdue2031Member 2024-09-17 2024-09-17 0001413329 pm:A3.125Notesdue2033Member 2024-09-17 2024-09-17 0001413329 pm:A2.000Notesdue2036Member 2024-09-17 2024-09-17 0001413329 pm:A1.875Notesdue2037Member 2024-09-17 2024-09-17 0001413329 pm:A6.375Notesdue2038Member 2024-09-17 2024-09-17 0001413329 pm:A1.450Notesdue2039Member 2024-09-17 2024-09-17 0001413329 pm:A4.375Notesdue2041Member 2024-09-17 2024-09-17 0001413329 pm:A4.500Notesdue2042Member 2024-09-17 2024-09-17 0001413329 pm:A3.875Notesdue2042Member 2024-09-17 2024-09-17 0001413329 pm:A4.125Notesdue2043Member 2024-09-17 2024-09-17 0001413329 pm:A4.875Notesdue2043Member 2024-09-17 2024-09-17 0001413329 pm:A4.250Notesdue2044Member 2024-09-17 2024-09-17 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 17, 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 Common

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