Kimberly-Clark completes $4.9 billion financing for proposed Kenvue acquisition
Kimberly-Clark ($KMB) completed a $4.9 billion private offering of senior unsecured notes to help finance its proposed acquisition of Kenvue ($KVUE). The debt was issued in five tranches, with maturities in 2028, 2029, 2031, 2034 and 2036. Coupons range from 5.10% to 5.80%, establishing borrowing costs across the different repayment dates. The company intends to combine the proceeds with available cash and possible commercial-paper borrowing to fund the acquisition’s cash consideration and relat
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