fwp
Filed Pursuant to Rule 433
Registration No. 333-161767
August 10, 2011
Pricing Term Sheet
The Procter & Gamble Company
$1,000,000,000 0.700% Notes due August 15, 2014
     
Issuer:
  The Procter & Gamble Company
 
   
Aggregate Principal Amount Offered:
  $1,000,000,000
 
   
Maturity Date:
  August 15, 2014
 
   
Coupon (Interest Rate):
  0.700%
 
   
Price to Public (Issue Price):
  99.589% of principal amount
 
   
Yield to Maturity:
  0.839%
 
   
Spread to Benchmark Treasury:
  +52 basis points
 
   
Benchmark Treasury:
  0.625% due July 15, 2014
 
   
Benchmark Treasury Yield:
  0.319%
 
   
Interest Payment Dates:
  February 15 and August 15, commencing February 15, 2012
 
   
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:
  August 10, 2011
 
   
Settlement Date:
  August 15, 2011 (T+3)
 
   
CUSIP Number:
  742718 DU0
 
   
ISIN Number:
  US742718DU01
 
   
Denominations:
  $2,000 x $1,000
 
   
Joint Book-Running Managers:
  Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Morgan
 
  Stanley & Co. LLC
 
   
Senior Co-Managers:
  Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman,
 
  Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner &
 
  Smith Incorporated and RBS Securities Inc.
 
   
Co-Managers:
  Barclays Capital Inc., Mitsubishi UFJ Securities (USA), Inc., UBS Securities
 
  LLC and Wells Fargo Securities, LLC
 
 
 
   
Type of Offering:
  SEC Registered
 
   
Listing:
  None
 
   
Long-term Debt Ratings:
  Moody’s: Aa3 (Stable); S&P: AA- (Stable)
 
   
Concurrent Offering:
  $1,000,000,000 of 1.450% notes due August 15, 2016 of The Procter & Gamble
 
  Company, expected to be issued on August 15, 2011. The closing of
 
  the offering of the notes offered hereby is not contingent on the closing of the concurrent offering.
 
 
 
 

 


 

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