Philip Morris International prepaid €1.0 billion (about $1.1 billion) on the 5-year tranche of its senior unsecured term loan facility.
Key Highlights:
- Prepayment of €1.0 billion including portion of principal and accrued interest on the 5-year tranche.
- Transaction reduces outstanding borrowings but €1.5 billion (approx. $1.7 billion) remains on the tranche.
- Remaining 5-year tranche matures on June 23, 2027, affecting near-term debt profile.
Original SEC Filing:
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