Philip Morris International (PMI) has entered into a credit agreement for a €1.5 billion (approx. $1.6 billion) senior unsecured revolving credit facility, effective January 29, 2025. The facility, set to expire on January 29, 2028, will be used for general corporate purposes, including meeting working capital requirements.The credit agreement includes customary events of default, such as nonpayment, breach of covenants, and bankruptcy. If these events occur and are not cured or waived, outstanding loans may be accelerated and lenders' commitments terminated. Interest rates on borrowings will be based on prevailing rates as detailed in the agreement.Certain lenders and their affiliates have provided or may provide various financial services to PMI, including underwriting note issuances, foreign exchange arrangements, and acting as dealers for PMI's commercial paper programs. The credit facility demonstrates PMI's continued access to substantial liquidity for its operations.

Philip Morris International (PMI) has entered into a credit agreement for a €1.5 billion (approx. $1.6 billion) senior unsecured revolving credit facility, effective January 29, 2025. The facility, set to expire on January 29, 2028, will be used for general corporate purposes, including meeting working capital requirements.The credit agreement includes customary events of default, such as nonpayment, breach of covenants, and bankruptcy. If these events occur and are not cured or waived, outstanding loans may be accelerated and lenders' commitments terminated. Interest rates on borrowings will be based on prevailing rates as detailed in the agreement.Certain lenders and their affiliates have provided or may provide various financial services to PMI, including underwriting note issuances, foreign exchange arrangements, and acting as dealers for PMI's commercial paper programs. The credit facility demonstrates PMI's continued access to substantial liquidity for its operations.