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Published on 1/30/2017 in the Prospect News Bank Loan Daily.

Philip Morris extends $2 billion revolver by one year to 2018 via Citi

By Susanna Moon

Chicago, Jan. 30 – Philip Morris International Inc. extended its $2 billion revolving credit facility to Feb. 6, 2018 from Feb. 7, 2017, according to an 8-K filing with the Securities and Exchange Commission.

The company entered into an agreement on Jan. 27 with Citibank Europe plc, UK Branch as administrative agent.

All other terms remain unchanged.

Philip Morris is a producer of cigarette and tobacco products based in New York City.


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