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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