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Kimberly-Clark to price offering of fixed-rate notes due 2031
By Marisa Wong
Los Angeles, Oct. 28 – Kimberly-Clark plans to price fixed-rate notes due 2031, according to a 424B5 filing with the Securities and Exchange Commission.
BBVA Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and RBC Capital Markets, LLC are the joint bookrunners.
The notes will feature a make-whole call and then a par call and also a change-of-control put at 101.
Proceeds will be used for general corporate purposes.
Kimberly-Clark is a sanitary paper product manufacturer based in Irving, Tex.
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