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Under the Indenture, a Trapping Event is triggered upon the occurrence of an adverse event such as a downgrade of the credit rating of an OPM to below investment grade, a significant decline in cigarette consumption, or an increase in market share of the NPMs

Since the introduction of the World Health Organization (WHO) Framework Convention on Tobacco Control (FCTC) 3 , countries have made endeavors to implement demand-reduction tools, including reducing affordability through taxation, passing smoke-free laws, mandating health warnings on packaging, and banning tobacco advertising, promotion, and sponsorship 4

Unlike the product-claim advertising that dominated the cigarette industry, Burnett's approach stood apart, centering on emotional branding

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When it weakens, acid can escape and lead to gastric reflux and even laryngopharyngeal reflux

Toxic effects of smoking on the liver Direct toxic effect: Smoking yields chemical substances with cytotoxic potentials[12]