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Philip Morris 4Pt Guidance Updated

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 04/27 $Benchmark Philip Morris* Tap 4.875% 2/13/26 +90, Tap 4.8755 2/15/28 +115, Tap 5.125% 2/15/30 +145, Tap 5.375% 2/15/33 +165.
  • 04/27 $1.25B *Eximbank -5Y +280
  • 04/27 $1B #CDP (Cassa Depositi Prestiti) 3Y +200
  • 04/27 $900M #Anglo American 10Y +205
  • 04/27 $750M *State Bank of India 5Y +145
  • 04/27 $750M #Constellation Brands 10Y +147
  • *The last time Philip Morris issued was $6B on Nov 15, 2022: $1B 2Y +85, $750M 3Y +95, $1.5B 5Y +135, $1.25B 7Y +180, $1.5B 10Y +200.

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