Corporate debt: Philip Morris shops benchmark bond sale as maturities loom |
| February 26, 2013 | February 2013 Bond Updates |
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Facing an imminent debt maturity, Philip Morris International is in the market with a public benchmark offering of two-year, floating-rate notes, along with 10- and 30-year fixed-rate tranches, sources said. Active bookrunners for the issue, which has an expected A2/A profile, are Goldman Sachs, HSBC, and Societe Generale, along with passive bookrunners Barclays and Citi. |
| View more at: http://www.forbes.com/sites/spleverage/2013/02/26/corporate-debt-philip-morris-shops-benchmark-bond-sale-as-maturities-loom/ |
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