Procter & Gamble Company’s €2.1B Notes Offering


Fried Frank acted as counsel to Citigroup Global Markets, Goldman Sachs, and HSBC Bank, as lead underwriters in The Procter & Gamble Company’s €2.1 billion offering of notes.

The offering has three tranches: €800m of 0.625% notes due October 30, 2024; €800m of 1.200% notes due October 30, 2028; and €500m of 1.875% notes due October 30, 2038. The Procter & Gamble Company is a global provider of consumer packaged goods and owns many of the world’s leading household brands, including Bounty, Charmin, Crest, Gillette, Pampers, Oral-B, Tide, and Vicks, among others.

The Fried Frank team was led by corporate partners Daniel J. Bursky (Picture) and Andrew B. Barkan and included tax partner Joseph E. Fox, corporate special counsel Edward Alterman, corporate associates Michael K. Piacentini and David G. Sharon, corporate law clerk Joann S. Park, and tax law clerk Hugh Jacobson.

Involved fees earner: Daniel Bursky – Fried Frank Harris Shriver & Jacobson; Andrew Barkan – Fried Frank Harris Shriver & Jacobson; Edward Alterman – Fried Frank Harris Shriver & Jacobson; Michael Piacentini – Fried Frank Harris Shriver & Jacobson; David Sharon – Fried Frank Harris Shriver & Jacobson; Joseph Fox – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Citigroup Global Markets Ltd; Goldman, Sachs & Co.; Hsbc Bank plc;

Author: Ambrogio Visconti