SEC Filings
Kimberly-Clark Closes $4.9 Billion Bond Sale For Kenvue Deal, Ending Its $7.7 Billion Bridge Loan
Five note series carrying rates of 5.100% to 5.800% retire the last $3.9 billion of a JPMorgan bridge commitment.
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SEC Filings
Five note series carrying rates of 5.100% to 5.800% retire the last $3.9 billion of a JPMorgan bridge commitment.
SEC Filings
The company pushed back its exchange deadline for up to $7.0 billion of new notes, tied to its pending Kenvue purchase.
SEC Filings
The five-tranche private offering carries coupons from 5.100% to 5.800% and is not conditioned on the Kenvue deal closing.
Earnings
Preliminary, unaudited results show adjusted operating profit of $677 million versus $683 million a year earlier, with Kenvue deal costs hitting reported profit.
SEC Filings
Kimberly-Clark said holders tendered 73.64% to 98.37% of each Kenvue series by the early deadline, and the changes take effect only at settlement.