Filed Pursuant to Rule 433

Registration No. 333-249545

Pricing Term Sheet

January 23, 2023

$2,100,000,000

The Procter & Gamble Company

$650,000,000 4.100% Notes due 2026

$600,000,000 3.950% Notes due 2028

$850,000,000 4.050% Notes due 2033

4.100% Notes due 2026

 

Issuer:    The Procter & Gamble Company
Aggregate Principal Amount:    $650,000,000
Maturity Date:    January 26, 2026
Coupon (Interest Rate):    4.100%
Price to Public (Issue Price):    99.933% of principal amount
Yield to Maturity:    4.124%
Spread to Benchmark Treasury:    +23 basis points
Benchmark Treasury:    3.875% UST due January 15, 2026
Benchmark Treasury Yield:    3.894%
Interest Payment Dates:    January 26 and July 26, commencing July 26, 2023
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:    January 23, 2023
Settlement Date*:    January 26, 2023 (T+3)
CUSIP Number:    742718 FY0
ISIN Number:    US742718FY05
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.
   ING Financial Markets LLC
   Fifth Third Securities, Inc.
   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)
3.950% Notes due 2028   
Issuer:    The Procter & Gamble Company
Aggregate Principal Amount:    $600,000,000
Maturity Date:    January 26, 2028
Coupon (Interest Rate):    3.950%
Price to Public (Issue Price):    99.897% of principal amount
Yield to Maturity:    3.973%
Spread to Benchmark Treasury:    +35 basis points
Benchmark Treasury:    3.875% UST due December 31, 2027
Benchmark Treasury Yield:    3.623%
Interest Payment Dates:    January 26 and July 26, commencing July 26, 2023


Day Count Convention:    30/360
Make-Whole Redemption:    At any time at the greater of 100% or a discount rate of Treasury plus 10 basis points
Trade Date:    January 23, 2023
Settlement Date*:    January 26, 2023 (T+3)
CUSIP Number:    742718 FZ7
ISIN Number:    US742718FZ79
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.
   ING Financial Markets LLC
   Fifth Third Securities, Inc.
   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)
4.050% Notes due 2033   
Issuer:    The Procter & Gamble Company
Aggregate Principal Amount:    $850,000,000


Maturity Date:    January 26, 2033
Coupon (Interest Rate):    4.050%
Price to Public (Issue Price):    99.992% of principal amount
Yield to Maturity:    4.051%
Spread to Benchmark Treasury:    +53 basis points
Benchmark Treasury:    4.125% UST due November 15, 2032
Benchmark Treasury Yield:    3.521%
Interest Payment Dates:    January 26 and July 26, commencing July 26, 2023
Day Count Convention:    30/360
Make-Whole Redemption:    At any time at the greater of 100% or a discount rate of Treasury plus 10 basis points
Trade Date:    January 23, 2023
Settlement Date*:    January 26, 2023 (T+3)
CUSIP Number:    742718 GA1
ISIN Number:    US742718GA10
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.
   ING Financial Markets LLC


   Fifth Third Securities, Inc.
   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: We expect that delivery of the notes will be made against payment therefor on or about the third business day following the date of pricing of the notes (such settlement cycle being referred to as “T+3”). Under Rule 15c6-1 of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes on any date prior to two business days before delivery of the notes will be required, by virtue of the fact that the notes initially will settle in T+3 business days, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the notes who wish to make such trades should consult their own advisors.

**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 toll-free 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.

Procter and Gamble (NYSE:PG)
過去 株価チャート
から 2 2024 まで 3 2024 Procter and Gambleのチャートをもっと見るにはこちらをクリック
Procter and Gamble (NYSE:PG)
過去 株価チャート
から 3 2023 まで 3 2024 Procter and Gambleのチャートをもっと見るにはこちらをクリック