Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as joint lead arrangers and joint bookrunners in connection with a $11 billion aggregate financing, including a $7 billion 5-year credit facility and a $4 billion 364-day credit facility for The Procter & Gamble Company and some of its subsidiaries.

The Shearman & Sterling team was led by partner Bill Hirschberg (New York-Finance) and included partner Laurence E. Crouch (Palo Alto-Tax), counsel Susan L. Hobart (New York-Finance) and associate Eva Rasmussen (New York-Executive Compensation & Employee Benefits).