- KMB priced $4.9B senior notes in five tranches.
Kimberly-Clark priced $4.9 billion of senior notes in five tranches to fund its acquisition of Kenvue. The notes carry coupons from 5.100% to 5.800% and mature between 2028 and 2036. Closing is expected October 29. If the acquisition fails to close by a specified date, KMB must redeem the notes at 101% of par.
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