Philip Morris International (PMI) has prepaid approximately €3 billion ($3.2 billion) under the 3-year tranche of its senior unsecured term loan facility on November 21, 2024. This prepayment, which includes outstanding principal and accrued interest, represents all borrowings outstanding under the 3-year tranche that was originally due to mature on November 9, 2025.The prepayment was financed through a combination of proceeds from the company's notes issuance on November 1, 2024, and cash on hand. The company maintains €2.5 billion (approximately $2.6 billion) in borrowings under the 5-year tranche of the Term Loan Facility.

Philip Morris International (PMI) has prepaid approximately €3 billion ($3.2 billion) under the 3-year tranche of its senior unsecured term loan facility on November 21, 2024. This prepayment, which includes outstanding principal and accrued interest, represents all borrowings outstanding under the 3-year tranche that was originally due to mature on November 9, 2025.The prepayment was financed through a combination of proceeds from the company's notes issuance on November 1, 2024, and cash on hand. The company maintains €2.5 billion (approximately $2.6 billion) in borrowings under the 5-year tranche of the Term Loan Facility.