Published on 4/7/2014 in the Prospect News Emerging Markets Daily.
New Issue: Kimberly-Clark de Mexico sells $250 million 3.8% 10-year notes at par
By Christine Van Dusen
Atlanta, April 7 - Kimberly-Clark de Mexico SAB de CV sold $250 million 3.8% notes due April 8, 2024 (A-//A) at par to yield 3.8%, a market source said.
BofA Merrill Lynch and Citigroup were the bookrunners for the deal.
KCM is 48%-owned by Kimberly-Clark Holland Holdings BV, a subsidiary of consumer products company Kimberly Clark Corp.
Issuer: | Kimberly-Clark de Mexico SAB de CV
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Amount: | $250 million
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Maturity: | April 8, 2024
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Description: | Notes
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Bookrunners: | BofA Merrill Lynch, Citigroup
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Coupon: | 3.8%
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Price: | Par
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Yield: | 3.8%
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Trade date: | April 4
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Settlement date: | April 8
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Ratings: | Standard & Poor's: A-
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| Fitch: A
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