Procter & Gamble’s $2 Billion Notes Offering

Fried Frank advised the underwriters on the deal.

The Procter & Gamble Company executed its US$2 billion offering of two tranches of notes: US$1 billion of 1.000% notes due April 23, 2026 and US$1 billion of 1.950% notes due April 23, 2031. The company intends to use the proceeds from this offering for general corporate purposes.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as lead underwriters for the offering.

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 advising the underwriters was led by corporate partners Daniel J. Bursky (Picture) and Andrew B. Barkan and included tax partner Joseph E. Fox and corporate associates Marie Kwon and Rachel Rhodes.

Involved fees earner: Andrew Barkan – Fried Frank Harris Shriver & Jacobson; Daniel Bursky – Fried Frank Harris Shriver & Jacobson; Joseph Fox – Fried Frank Harris Shriver & Jacobson; Marie Kwon – Fried Frank Harris Shriver & Jacobson; Rachel Rhodes – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Citigroup Global Markets Ltd; Goldman Sachs & Co.; Morgan Stanley;

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Martina Bellini

Author: Martina Bellini

Procter & Gamble’s $2 Billion Notes Offering

Fried Frank advised the underwriters on the deal.

The Procter & Gamble Company executed its US$2 billion offering of two tranches of notes: US$1 billion of 1.000% notes due April 23, 2026 and US$1 billion of 1.950% notes due April 23, 2031. The company intends to use the proceeds from this offering for general corporate purposes.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as lead underwriters for the offering.

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 advising the underwriters was led by corporate partners Daniel J. Bursky (Picture) and Andrew B. Barkan and included tax partner Joseph E. Fox and corporate associates Marie Kwon and Rachel Rhodes.

Involved fees earner: Andrew Barkan – Fried Frank Harris Shriver & Jacobson; Daniel Bursky – Fried Frank Harris Shriver & Jacobson; Joseph Fox – Fried Frank Harris Shriver & Jacobson; Marie Kwon – Fried Frank Harris Shriver & Jacobson; Rachel Rhodes – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Citigroup Global Markets Ltd; Goldman Sachs & Co.; Morgan Stanley;

Print Friendly, PDF & Email
Martina Bellini

Author: Martina Bellini