The Firm recently represented the underwriters, led by HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, in connection with a registered offering by Kimberly-Clark Corporation of $350 million aggregate principal amount of its 4.5% Notes due 2033. The net proceeds from the offering will be used for general corporate purposes, including the repayment of a portion of Kimberly-Clark’s commercial paper balance.
Kimberly-Clark is a global company focused on delivering products and solutions that provide better care for a better world through product innovation and building its personal care, consumer tissue and K-C Professional brands. Kimberly-Clark 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.
The Simpson Thacher team for the transaction included Risë Norman, Ignacio Perez and Natalie Sherburne (Capital Markets); Jon Cantor and Matt Lester (Tax); Alysha Sekhon (Intellectual Property); Mike Isby (Environmental); and Jennie Getsin (FINRA and Blue Sky).