Moody's rates P&G debt Aa3

Moody's Investors Service said it assigned Aa3 ratings to Procter & Gamble Co.'s proposed 18-month and 10-year offering of senior unsecured debt.

The outlook is stable.

Moody's said the Aa3 long-term rating incorporates its view of the company as a very strong consumer products company, with broad product and geographic diversity, significant brand equity and leading market share in multiple products and categories, and a history of ongoing product innovation.

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