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Moody's rates Procter & Gamble notes Aa3
Moody's Investors Service said it assigned Aa3 ratings to the eight- and 20-year senior unsecured euro notes offered by the Procter & Gamble Co.
The proceeds will be used for general corporate purposes.
“The issuance is viewed to be credit positive because it improves liquidity and lengthens the company's maturity profile,” Moody’s said in a press release.
The outlook is stable.
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