Skip To The Main Content

News & Events

Matter Highlights Go Back

Simpson Thacher Represents Underwriters in €500 Million Notes Offering by Kimberly-Clark

09.08.17

The Firm recently represented the underwriters in connection with a registered offering by Kimberly-Clark Corporation (“Kimberly-Clark”) of €500 million aggregate principal amount of its 0.625% notes due September 7, 2024. The net proceeds from the transaction will be used to repay a portion of its outstanding commercial paper.

Kimberly-Clark is a global company focused on leading the world in essentials for a better life through product innovation and building its personal care, consumer tissue and K-C Professional brands. The company is principally engaged in the manufacturing and marketing of a wide range of products mostly made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency. Its leading brands include Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend.

The Simpson Thacher team for the transaction included John D. Lobrano, Lia Toback, John O’Connell, Davis Mahon and Taylor Steele (Capital Markets); Jon Cantor and Jacqueline Clinton (Tax); Mike Isby (Environmental); and Jennie Getsin (FINRA and Blue Sky).