Kimberly-Clark Prices $4.9 Billion Debt Offering Ahead of Kenvue Deal

Kimberly-Clark (KMB) received China's antitrust approval for its $40B acquisition of Kenvue (KVUE), following clearances from Brazil, the EU, and Australia. KMB's dividend yield is 4.78% with an 86% payout ratio, and its stock is 7.8% undervalued per GF Value™. The company's GF Score™ is 69/100, indicating solid profitability but weaker growth and momentum.

Kimberly-Clark (KMB) received Chinese antitrust approval for its $40B acquisition of Kenvue (KVUE) on Oct. 10, following Brazil's approval. The deal is a major corporate transaction for both companies.

Kimberly-Clark priced a $4.9B senior notes offering in five tranches, maturing 2028-2036, to fund its Kenvue acquisition. The offering is unconditional but includes a mandatory redemption clause if the deal fails. Proceeds will also cover related fees and general corporate purposes. The acquisition is expected to close in Q4 2026.

Kimberly-Clark priced a $4.9B offering of senior unsecured notes in five tranches to fund its Kenvue acquisition. The notes, due between 2028 and 2036, will be redeemed if the deal doesn't close by the outside date. Proceeds will cover cash consideration and fees for the acquisition.

KIMBERLY CLARK CORP (KMB) filed an SEC Form 8-K — Other Events. Exhibit 99.1 Kimberly-Clark Corporation Announces Pricing of $4.9 Billion Private Offering of Senior Notes DALLAS, October 19, 2026 – Kimberly-Clark Corporation (NASDAQ: KMB) (“Kimberly-Clark”) announced today that it has priced a private offering (the “Offering”) of senior unsec

Kimberly-Clark (KMB) priced a $4.9B private offering of senior notes in five tranches, with maturities ranging from 2028 to 2036. The proceeds will fund its acquisition of Kenvue, expected in Q4 2026, and general corporate purposes. The notes may be redeemed if the acquisition is not completed by May 31, 2027.