Philip Morris to redeem $1.7 billion of 4.875% notes due February 2026 on December 4
Philip Morris International said it will redeem all of its outstanding 4.875% Notes due February 13, 2026 on December 4, 2025. As of November 17, 2025, $1.7 billion of principal was outstanding, and holders will receive the greater of par or a make-whole price plus accrued interest.
Key points
- Notes to be redeemed: 4.875% Notes due February 13, 2026, with $1.7 billion principal outstanding as of November 17, 2025
- Redemption Date: December 4, 2025
- Redemption price: greater of 100% of principal or a treasury-based present value, plus 15 basis points and accrued interest
- Trustee is HSBC Bank USA, National Association; holders should refer to the redemption notice from the trustee
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.