Procter & Gamble Completes $1B Notes Offering

Fried Frank acted as counsel to the underwriters in The Procter & Gamble Company's (Procter & Gamble) $1 billion offering of two tranches of notes: $500 million of 4.150% notes due October 24, 2029, and $500 million of 4.550% notes due October 24, 2034. The company intends to use the proceeds from this offering for general corporate purposes.

Procter & Gamble is a global provider of consumer-packaged goods and owns many of the world's leading household brands including Bounty, Charmin, Crest, Gillette, Oral-B, Pampers, Tide and Vicks, among others.

The Fried Frank team was led by corporate partners Daniel J. Bursky and Andrew B. Barkan, and included tax partner Joseph E. Fox, corporate special counsel Martin A. Hewitt, corporate associate Rebecca Kim Iyer and corporate law clerk Camilla Oliva.