Philip Morris International Secures $2 Billion Revolving Credit Facility
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Philip Morris International Inc. has secured a $2 billion senior unsecured revolving credit facility with a consortium of lenders, including Citibank. The facility, effective January 29, 2026, allows borrowing in U.S. dollars or euros and expires on January 29, 2031. It will be used for general corporate purposes, including working capital needs. Interest rates will be based on prevailing rates, and the agreement includes customary events of default.
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