Monday, May 4, 2009

Procter & Gamble Sells $2B Note Offering

Procter & Gamble International Funding SCA on Monday sold $2 billion in one-year floating-rate notes, said IFR, a Thomson Reuters service. The notes have a coupon rate of 1 basis point over the three-month London Interbank Offered Rate.

The joint book managers on the sale were Citigroup Global Markets, JP Morgan and RBS

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