Bond Philip Morris Global 3.375% ( US718172BQ16 ) in USD

Issuer	Philip Morris Global
Market price	100 % ▲
Country	United States
ISIN code	US718172BQ16 ( in USD )
Interest rate	3.375% per year ( payment 2 times a year)
Maturity	11/08/2025
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Minimal amount	2 000 USD
Total amount	750 000 000 USD
Cusip	718172BQ1
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A2 ( Upper medium grade - Investment-grade )
Next Coupon	11/08/2025 ( In 16 days )
Detailed description	Philip Morris International is a leading international tobacco company manufacturing and selling cigarettes and other nicotine-containing products in markets outside the United States. Philip Morris International, a prominent global leader in the manufacturing and sale of cigarettes and smoke-free products outside the United States, has issued a USD-denominated bond (ISIN: US718172BQ16, CUSIP: 718172BQ1) from the United States market, presenting an investment opportunity for debt investors. This particular debt instrument, currently trading at its par value of 100%, offers a fixed annual interest rate of 3.375%, with interest payments disbursed semi-annually until its maturity date of August 11, 2025. The total size of this bond issuance stands at $750,000,000, with a minimum purchase requirement of $2,000 per investor. Reflecting the issuer's robust credit profile, the bond carries investment-grade ratings of 'A' from Standard & Poor's and 'A2' from Moody's.