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Kimberly-Clark launches exchange offers for up to USD 7 billion of Kenvue notes

PUBT·09/28/2026 20:05:40
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Kimberly-Clark launches exchange offers for up to USD 7 billion of Kenvue notes
  • Kimberly-Clark launched exchange offers for all outstanding Kenvue Senior Notes tied to its pending acquisition of Kenvue.
  • Offer targets up to USD 7 billion of new Kimberly-Clark Senior Notes issued in exchange for Kenvue Notes, with a small cash component.
  • Early tenders by Oct. 9 receive USD 970 of new notes, a USD 30 early participation premium in notes, and USD 1 cash per USD 1,000.
  • Tenders by Oct. 27 without early participation receive only the USD 970 principal amount of new notes per USD 1,000.
  • New notes mirror the exchanged Kenvue Notes terms; settlement expected promptly after Oct. 27, subject to deal closing in Q4 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kimberly-Clark Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609281605PR_NEWS_USPR_____DA58064) on September 28, 2026, and is solely responsible for the information contained therein.