FOXBusiness.com: Philip Morris Borrowing Costs Climb After Russia Bans Public Smoking

FOXBusiness.com FOX Business Network - The Power to Prosper

Philip Morris Borrowing Costs Climb After Russia Bans Public Smoking Feb 26th 2013, 23:19 Bond investors demanded a higher yield from Philip Morris International Inc. (PM) Tuesday than the cigarette maker was granted last summer, as rising interest rates and questions about overseas tobacco sales weighed on its debt sale.

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