Philip Morris International Inc. is a leading international tobacco company manufacturing and selling cigarettes and other nicotine-containing products in markets outside the United States.
This financial analysis details a specific bond, identified by ISIN US718172AW92 and CUSIP 718172AW9, issued by Philip Morris International Inc., a leading global tobacco company renowned for its extensive portfolio of cigarette brands and its strategic investment in smoke-free products across international markets, thereby positioning itself as a significant entity within the consumer staples sector outside of the United States. Originated in the United States and denominated in USD, this debt instrument features a fixed interest rate of 4.125% and is set to mature on March 3, 2043, with interest payments occurring semi-annually. The total issuance volume for this bond stands at $850,000,000, available for purchase with a minimum investment of $2,000, and it is currently trading on the market at 80.995% of its par value, reflecting ongoing market dynamics. The bond's creditworthiness is further substantiated by its strong investment-grade ratings, securing an A- from Standard & Poor's and an A2 from Moody's, which underscore the issuer's robust financial health and capacity to meet its long-term obligations.
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