Exhibit 5.1
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| | DLA PiperLLP (US) 1251 Avenue of the Americas, 27th Floor New York, New York 10020-1104 www.dlapiper.com T 212.335.4500 F 212.335.4501 |
FEBRUARY 17, 2023
Board of Directors
Philip Morris International Inc.
677 Washington Boulevard
Stamford, CT 06901
Philip Morris International Inc.
$1,250,000,000 Aggregate Principal Amount of 4.875% Notes due 2026
$1,000,000,000 Aggregate Principal Amount of 4.875% Notes due 2028
$1,500,000,000 Aggregate Principal Amount of 5.125% Notes due 2030
$1,500,000,000 Aggregate Principal Amount of 5.375% Notes due 2033
Ladies and Gentlemen:
We have acted as special counsel to Philip Morris International Inc., a Virginia corporation (the “Company”), in connection with the issuance and sale by the Company of $1,250,000,000 aggregate principal amount of 4.875% Notes due 2026, $1,000,000,000 aggregate principal amount of 4.875% Notes due 2028, $1,500,000,000 aggregate principal amount of 5.125% Notes due 2030 and $1,500,000,000 aggregate principal amount of 5.375% Notes due 2033 (collectively, the “Notes”) of the Company pursuant to the terms of the Terms Agreement, dated as of February 13, 2023 (the “Terms Agreement”), by and among the Company and Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., BBVA Securities Inc., Credit Suisse Securities (USA) LLC, Santander US Capital Markets LLC, Standard Chartered Bank and Wells Fargo Securities, LLC, as representatives of the several underwriters named on Schedule I to the Terms Agreement. The Notes are to be issued pursuant to an indenture dated as of April 25, 2008 (the “Indenture”).