8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 8.01 · Other EventsItem 9.01 · Financial Statements
Kimberly-Clark Completes $4.9 Billion Debt Offering to Fund Kenvue Acquisition
Filed with the SEC on · Summarized by InvestorsBot
Kimberly-Clark completed a private offering of $4.9 billion in senior unsecured notes carrying interest rates of 5.10% to 5.80% and maturing from 2028 through 2036. The company plans to use the proceeds, along with cash on hand and possible commercial paper borrowings, to fund its proposed acquisition of Kenvue Inc. and related expenses; if the acquisition is not completed by the specified deadline or is abandoned, Kimberly-Clark must redeem the notes at 101% of principal plus accrued interest.