{"id":399621,"date":"2020-12-15T06:53:06","date_gmt":"2020-12-15T11:53:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399621"},"modified":"2020-12-15T06:53:06","modified_gmt":"2020-12-15T11:53:06","slug":"philip-morris-international-inc-to-redeem-1-875-notes-due-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/philip-morris-international-inc-to-redeem-1-875-notes-due-2021\/","title":{"rendered":"Philip Morris International Inc. to Redeem 1.875% Notes Due 2021"},"content":{"rendered":"

<\/p>\n

Philip Morris International Inc. to Redeem 1.875% Notes Due 2021<\/span><\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nRegulatory News:\n<\/p>\n

\nPhilip Morris International Inc. (NYSE:PM) (\u201cPMI\u201d) today announced that it will redeem all of its outstanding 1.875% Notes due February 25, 2021 (the \u201cNotes\u201d) on January 25, 2021 (the \u201cRedemption Date\u201d). The Notes are listed on the New York Stock Exchange under the symbol \u201cPM21C\u201d and have been assigned CUSIP No. 718172 BS7 and ISIN No. US718172BS71. As of December 15, 2020, $750,000,000 aggregate principal amount of the Notes were outstanding. On the Redemption Date, PMI will pay to the registered holders of the Notes a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest, if any, thereon to, but excluding, the Redemption Date.\n<\/p>\n

\nThis press release does not constitute a notice of redemption of the Notes. Holders of the Notes should refer to the notice of redemption delivered to the registered holders of the Notes by HSBC Bank USA, National Association, the trustee with respect to the Notes.\n<\/p>\n

Philip Morris International: Delivering a Smoke-Free Future<\/b><\/p>\n

\nPhilip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, PMI ships a version of its IQOS<\/i> Platform 1 device and its consumables to Altria Group, Inc. for sale under license in the U.S., where the U.S. Food and Drug Administration (FDA) has authorized their marketing as a modified risk tobacco product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free product portfolio includes heat-not-burn and nicotine-containing vapor products. As of September 30, 2020, PMI estimates that approximately 11.7 million adult smokers around the world have already stopped smoking and switched to PMI’s heat-not-burn product, available for sale in 61 markets in key cities or nationwide under the IQOS<\/i> brand. For more information, please visit www.pmi.com<\/a> and www.pmiscience.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215005174\/en\/<\/a><\/span><\/p>\n

\nInvestor Relations:
\n
New York: +1 (917) 663 2233
\n
Lausanne: +41 (0)58 242 4666
\n
InvestorRelations@pmi.com<\/a><\/p>\n

\nMedia:
\n
Lausanne: +41 (0)58 242 4500
\n
Iro.Antoniadou@pmi.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Tobacco Retail<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Philip Morris International Inc. to Redeem 1.875% Notes Due 2021 NEW YORK–(BUSINESS WIRE)– Regulatory News: Philip Morris International Inc. (NYSE:PM) (\u201cPMI\u201d) today announced that it will redeem all of its outstanding 1.875% Notes due February 25, 2021 (the \u201cNotes\u201d) on January 25, 2021 (the \u201cRedemption Date\u201d). The Notes are listed on the New York Stock Exchange under the symbol \u201cPM21C\u201d and have been assigned CUSIP No. 718172 BS7 and ISIN No. US718172BS71. As of December 15, 2020, $750,000,000 aggregate principal amount of the Notes were outstanding. On the Redemption Date, PMI will pay to the registered holders of the Notes a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest, if any, … <\/p>\n

Continue reading “Philip Morris International Inc. to Redeem 1.875% Notes Due 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399621","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPhilip Morris International Inc. to Redeem 1.875% Notes Due 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/philip-morris-international-inc-to-redeem-1-875-notes-due-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Philip Morris International Inc. to Redeem 1.875% Notes Due 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Philip Morris International Inc. to Redeem 1.875% Notes Due 2021 NEW YORK–(BUSINESS WIRE)– Regulatory News: Philip Morris International Inc. (NYSE:PM) (\u201cPMI\u201d) today announced that it will redeem all of its outstanding 1.875% Notes due February 25, 2021 (the \u201cNotes\u201d) on January 25, 2021 (the \u201cRedemption Date\u201d). The Notes are listed on the New York Stock Exchange under the symbol \u201cPM21C\u201d and have been assigned CUSIP No. 718172 BS7 and ISIN No. US718172BS71. As of December 15, 2020, $750,000,000 aggregate principal amount of the Notes were outstanding. 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