Reported Earlier, Kimberly-Clark Prices $4.9B Senior Notes Offering In Five Tranches To Help Fund Kenvue Acquisition Cash Consideration
The Notes will be issued by Kimberly-Clark in five tranches: (i) $750,000,000 aggregate principal amount of 5.100% Notes due 2028, (ii) $1,000,000,000 aggregate principal amount of 5.300% Notes due 2029, (iii)
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Why It Matters
Kimberly-Clark borrowed nearly five billion dollars. They will use this money to buy another company called Kenvue.
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