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S&P assigns P&G yen notes AA-
S&P said it assigned its AA- rating to Procter & Gamble Co.'s planned yen-denominated senior unsecured notes.
“All our existing ratings on the company, including our AA- long-term issuer credit rating, are unchanged,” S&P said in a press release.
P&G will use the proceeds for general corporate purposes, including repayment of maturing debt and shareholder distributions.
The outlook is stable.
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