Philip Morris (NYSE: PM) delists 2.875% Notes due 2026 from NYSE
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Philip Morris International Inc. notified removal of its 2.875% Notes due 2026 from listing and registration on the New York Stock Exchange. The Exchange and the issuer each certified compliance with the procedures governing voluntary withdrawal under 17 CFR 240.12d2-2.
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FAQ
What did Philip Morris (PM) file with the SEC regarding the 2.875% Notes due 2026?
Philip Morris submitted a Form 25 notifying removal of its 2.875% Notes due 2026 from NYSE listing. The filing states both the Exchange and the issuer complied with 17 CFR 240.12d2-2 procedures governing voluntary withdrawal.
Does the Form 25 say why PM delisted the 2.875% Notes due 2026?
The Form 25 excerpt does not state a reason for delisting. It records that the Exchange and the issuer complied with the procedural requirements under 17 CFR 240.12d2-2 for voluntary withdrawal.
Will the delisting affect trading or payment terms for PM's 2.875% Notes due 2026?
The filing does not describe changes to payment terms or covenant rights. It only notifies removal from NYSE listing; any trading venue or payment mechanisms beyond listing are not addressed in the provided excerpt.
Who signed the Form 25 for the NYSE in the PM delisting notice?
The Form 25 excerpt shows it was signed on behalf of the New York Stock Exchange by Tyler Mastronardi, titled Analyst, Market Watch, certifying the Exchange believed it met requirements to file the Form 25.
What regulatory provision governs the voluntary withdrawal noted in PM's Form 25?
The filing cites 17 CFR 240.12d2-2 (including subsections (a)(1)-(4), (b), and (c)) as the regulatory basis, stating the Exchange and issuer complied with the rule's procedures for voluntary withdrawal of listed securities.