KMB · 8-K · 20261020PR117036

Senior Notes Issuance

KIMBERLY CLARK CORP · 2026-10-20 · Importance 64 · Surprise 42 · No source text

Kimberly-Clark priced $4.9 billion of senior unsecured notes in five tranches: $750 million at 5.100% due 2028, $1.0 billion at 5.300% due 2029, $1.25 billion at 5.450% due 2031, $750 million at 5.650% due 2034, and $1.15 billion at 5.800% due 2036. The company expects the offering to close on October 29, 2026, subject to customary conditions. Kimberly-Clark intends to use net proceeds, together with cash on hand and/or commercial-paper borrowings, to fund the cash consideration for its proposed Kenvue acquisition and related fees and expenses; any remaining proceeds are intended for general corporate purposes. If the acquisition is not completed by the specified outside-date deadline, or Kimberly-Clark abandons it, the company must redeem all outstanding notes at 101% of principal plus accrued and unpaid interest.

Key facts

• Kimberly-Clark priced a private offering of senior unsecured notes with a combined aggregate principal amount of $4.9 billion. source
• Kimberly-Clark will issue $1 billion of 5.300% notes due 2029. source
• Kimberly-Clark will issue $1.25 billion of 5.450% notes due 2031. source
• Kimberly-Clark will issue $1.15 billion of 5.800% notes due 2036. source
• Kimberly-Clark will issue $750 million of 5.100% notes due 2028. source
• Kimberly-Clark will issue $750 million of 5.650% notes due 2034. source
• Kimberly-Clark expects the offering to close on October 29, 2026, subject to customary closing conditions. source

Impact estimates