Philip Morris launches $6 bln debt in 3-part sale

NEW YORK, May 13 (Reuters) - Philip Morris International (PM.N: Quote, Profile, Research) on Tuesday launched $6 billion of debt in a three-part sale, said International Financing Review.

The sale consists of $2 billion in five-year notes, $2.5 billion in 10-year notes and $1.5 billion in 30-year bonds, all expected to yield 1.77 percentage points over U.S. Treasuries.

The joint book managers on the sale are Credit Suisse, Deutsche Bank Securities and Lehman Brothers. (Reporting by Caryn Trokie; Editing by James Dalgleish)