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Kimberly-Clark de Mexico talks $250 million 10-year notes at 135 bps area over Treasuries
By Christine Van Dusen
Atlanta, March 5 – Kimberly-Clark de Mexico SAB de CV set talk in the Treasuries plus 135 basis points area for a $250 million offering of notes due in 10 years (expected ratings: /A-/A), a market source said.
BofA Merrill Lynch and Citigroup are the bookrunners for the Rule 144A and Regulation S deal.
The proceeds will be used for general corporate purposes and capital expenditures.
Kimberly-Clark de Mexico is 48%-owned by Kimberly-Clark Holland Holdings BV, a subsidiary of consumer products company Kimberly Clark Corp.
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