DBRS Rates Procter & Gamble $2 Billion Notes Issue at AA (low)

DBRS has today assigned a rating of AA (low), with a Stable trend, to the following two issues of The Procter & Gamble Company:

• $750 million, 3.5% notes due February 15, 2015
• $1,250 million, 4.7% notes due February 15, 2019

The issues rank pari passu with all other senior unsecured indebtedness of the Company. Proceeds will be used for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating Consumer Products which can be found on our website under Methodologies.

This is a Corporate rating.