PM 8-K: Smart Summary

On April 29, 2026, Philip Morris International Inc. (PMI) issued $750,000,000 aggregate principal amount of 4.125% Notes due 2029 and $750,000,000 aggregate principal amount of 4.875% Notes due 2036, with net proceeds intended for general corporate purposes including potential repayment of commercial paper or refinancing of outstanding 0.875% Notes due 2026.

• 2029 Notes: $750,000,000 aggregate principal amount, 4.125% interest rate, maturing April 27, 2029; interest payable semiannually on April 27 and October 27, commencing October 27, 2026
• 2036 Notes: $750,000,000 aggregate principal amount, 4.875% interest rate, maturing April 29, 2036; interest payable semiannually on April 29 and October 29, commencing October 29, 2026
• Notes are PMI's senior unsecured obligations, ranking equally with all existing and future senior unsecured indebtedness
• Subject to customary covenants including limitations on debt secured by liens and sale/leaseback transactions
• PMI may redeem any of the Notes in whole or in part at applicable redemption prices, plus accrued and unpaid interest; may also redeem all Notes of each series upon specified tax events
• Underwriters include Barclays Capital Inc., Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., Morgan Stanley & Co. LLC, Santander US Capital Markets LLC, and Standard Chartered Bank