Procter & Gamble sells $1.4 bln 30-year bond
NEW YORK, Feb 28 (Reuters) - U.S. consumer products maker Procter & Gamble (PG.N) on Wednesday sold $1.4 billion in a U.S. dollar-denominated 30-year bond, said joint lead manager Citigroup Global Markets.
The 30-year bonds were priced to yield 90 basis points over U.S. Treasuries.
Earlier on Wednesday Procter & Gamble withdrew the 10-year euro bond issue and 20-year euro bond issue, citing unstable market conditions.
The sale with the three tranches had been expected to total $4 billion equivalent.
The other joint lead managers on the sale were Goldman Sachs, JP Morgan, Morgan Stanley and Merrill Lynch.
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