DBRS Rates Procter & Gamble International Funding SCA’s $1 Billion New Issue at AA (low)
ConsumersDBRS has today assigned a rating of AA (low), with a Stable trend, to Procter & Gamble International Funding SCA’s $1 billion, floating-rate notes issue maturing February 10, 2010.
The issue will be fully guaranteed by The Procter & Gamble Company and has therefore been assigned the same rating as the parent company. Proceeds will be used for general corporate purposes, including the repayment of existing indebtedness.
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.