Philip morris international closes new usd 2.5 billion 5-year business transformation-linked credit facility

New york--(business wire)--regulatory news: philip morris international inc. (pmi) (nyse: pm) announces that on september 29, 2021, the company entered into an agreement for its first financing instrument following the issuance of its august 2021 business transformation-linked financing framework (framework). the new revolving credit facility (facility) provides for borrowings up to an aggregate principal amount of usd 2.5 billion and expires on september 29, 2026, unless extended as per the te
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