0001193125-21-125007.txt : 20210421 0001193125-21-125007.hdr.sgml : 20210421 20210421172158 ACCESSION NUMBER: 0001193125-21-125007 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210421 DATE AS OF CHANGE: 20210421 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROCTER & GAMBLE Co CENTRAL INDEX KEY: 0000080424 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] IRS NUMBER: 310411980 STATE OF INCORPORATION: OH FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-249545 FILM NUMBER: 21842512 BUSINESS ADDRESS: STREET 1: ONE PROCTER & GAMBLE PLAZA CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5139831100 MAIL ADDRESS: STREET 1: ONE PROCTER & GAMBLE PLAZA CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: PROCTER & GAMBLE CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PROCTER & GAMBLE Co CENTRAL INDEX KEY: 0000080424 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] IRS NUMBER: 310411980 STATE OF INCORPORATION: OH FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE PROCTER & GAMBLE PLAZA CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5139831100 MAIL ADDRESS: STREET 1: ONE PROCTER & GAMBLE PLAZA CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: PROCTER & GAMBLE CO DATE OF NAME CHANGE: 19920703 FWP 1 d172311dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-249545

Pricing Term Sheet

April 21, 2021

$2,000,000,000

The Procter & Gamble Company

$1,000,000,000 1.000% Notes due 2026

$1,000,000,000 1.950% Notes due 2031

 

1.000% Notes due 2026   
Issuer:    The Procter & Gamble Company
Aggregate Principal Amount:    $1,000,000,000
Maturity Date:    April 23, 2026
Coupon (Interest Rate):    1.000%
Price to Public (Issue Price):    99.961% of principal amount
Yield to Maturity:    1.008%
Spread to Benchmark Treasury:    +20 basis points
Benchmark Treasury:    0.750% UST due March 31, 2026
Benchmark Treasury Yield:    0.808%
Interest Payment Dates:    April 23 and October 23, commencing October 23, 2021
Day Count Convention:    30/360
Make-whole Redemption:    At any time at the greater of 100% or a discount rate of Treasury plus 5 basis points
Trade Date:    April 21, 2021
Settlement Date:    April 23, 2021 (T+2)
CUSIP Number:    742718 FP9
ISIN Number:    US742718FP97
Denominations:    $2,000 x $1,000
Joint Book-Running Managers:    Citigroup Global Markets Inc.

   Goldman Sachs & Co. LLC
   Morgan Stanley & Co. LLC
Senior Co-Managers:    Deutsche Bank Securities, Inc.
   HSBC Securities (USA) Inc.
Co-Managers:    BofA Securities, Inc.
   Barclays Capital Inc.
   BBVA Securities Inc.
   MUFG Securities Americas Inc.
   RBC Capital Markets, LLC
   U.S. Bancorp Investments, Inc.
   BNP Paribas Securities Corp.
   Fifth Third Securities, Inc.
   ING Financial Markets LLC
   PNC Capital Markets LLC
   Siebert Williams Shank & Co., LLC
Type of Offering:    SEC-Registered
Listing:    None
Long-term Debt Ratings:    Moody’s: Aa3 (Stable); S&P: AA- (Stable)
1.950% Notes due 2031   
Issuer:    The Procter & Gamble Company
Aggregate Principal Amount:    $1,000,000,000
Maturity Date:    April 23, 2031
Coupon (Interest Rate):    1.950%
Price to Public (Issue Price):    99.639% of principal amount
Yield to Maturity:    1.990%
Spread to Benchmark Treasury:    +42 basis points
Benchmark Treasury:    1.125% UST due February 15, 2031
Benchmark Treasury Yield:    1.570%
Interest Payment Dates:    April 23 and October 23, commencing October 23, 2021
Day Count Convention:    30/360

Make-whole Redemption:    At any time at the greater of 100% or a discount rate of Treasury plus 7.5 basis points
Trade Date:    April 21, 2021
Settlement Date:    April 23, 2021 (T+2)
CUSIP Number:    742718 FQ7
ISIN Number:    US742718FQ70
Denominations:    $2,000 x $1,000
Joint Book-Running Managers:    Citigroup Global Markets Inc.
   Goldman Sachs & Co. LLC
   Morgan Stanley & Co. LLC
Senior Co-Managers:    Deutsche Bank Securities, Inc.
   HSBC Securities (USA) Inc.
Co-Managers:    BofA Securities, Inc.
   Barclays Capital Inc.
   BBVA Securities Inc.
   MUFG Securities Americas Inc.
   RBC Capital Markets, LLC
   U.S. Bancorp Investments, Inc.
   BNP Paribas Securities Corp.
   Fifth Third Securities, Inc.
   ING Financial Markets LLC
   PNC Capital Markets LLC
   Siebert Williams Shank & Co., LLC
Type of Offering:    SEC-Registered
Listing:    None
Long-term Debt Ratings:    Moody’s: Aa3 (Stable); S&P: AA- (Stable)

Note:    A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526 and Morgan Stanley & Co. LLC collect at 1-866-718-1649.

Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.