The Firm represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities LLC, in connection with a registered offering by Kimberly-Clark Corporation (“Kimberly-Clark”) of notes in $600 million aggregate principal amount.
Kimberly-Clark issued $300 million aggregate principal amount of its Floating Rate Notes due May 19, 2016 and $300 million aggregate principal amount of its 1.900% Notes due May 22, 2019. The net proceeds from the transaction will be used for general corporate purposes.
Kimberly-Clark is principally engaged in the manufacturing and marketing of a wide range of essential products with brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend.
The Simpson Thacher team for the transaction included John D. Lobrano, Alejandro de Ramon-Laca and Shimeng Cheng (Capital Markets), Jon Cantor and Jacqueline Barbera (Tax); Mike Isby (Environmental); and Jennie Getsin (FINRA and Blue Sky).
