Kimberly-Clark selling $800 million notes due 2019, 2026 Wednesday

By Aleesia Forni

New York, Feb. 17 – Kimberly-Clark Corp. is selling $800 million of senior notes (A2/A/A) in two parts on Wednesday, according to a market source and a 424B5 filed with the Securities and Exchange Commission.

The offering is expected to include notes due 2019 and 2026.

The bookrunners are Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC.

Proceeds will be used for general corporate purposes, including the repayment of $250 million of floating-rate notes due May 15, 2016, $300 million of floaters due May 19, 2016 and a portion of outstanding commercial paper debt.

The consumer paper products company is based in Irving, Texas.

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