0001410578-15-000420.txt : 20150803 0001410578-15-000420.hdr.sgml : 20150801 20150803171351 ACCESSION NUMBER: 0001410578-15-000420 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150803 DATE AS OF CHANGE: 20150803 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP CENTRAL INDEX KEY: 0000055785 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 390394230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-189633 FILM NUMBER: 151023217 BUSINESS ADDRESS: STREET 1: 351 PHELPS DRIVE CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9722811200 MAIL ADDRESS: STREET 1: P O BOX 619100 STREET 2: DFW AIRPORT STATION CITY: DALLAS STATE: TX ZIP: 75261-9100 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP CENTRAL INDEX KEY: 0000055785 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 390394230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 351 PHELPS DRIVE CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9722811200 MAIL ADDRESS: STREET 1: P O BOX 619100 STREET 2: DFW AIRPORT STATION CITY: DALLAS STATE: TX ZIP: 75261-9100 FWP 1 a15-16407_3fwp.htm FILING UNDER SECURITIES ACT RULES 163/433 OF FREE WRITING PROSPECTUSES

 

Free Writing Prospectus

Filed on August 3, 2015 Pursuant to Rule 433

Registration Statement No. 333-189633

 

KIMBERLY-CLARK CORPORATION

 

$250,000,000 2.15% Notes due August 15, 2020

$300,000,000 3.05% Notes due August 15, 2025

 

PRICING TERM SHEET

 

Dated August 3, 2015

 

$250,000,000 2.15% Notes due August 15, 2020

 

Issuer:

 

Kimberly-Clark Corporation

 

 

 

Security Type:

 

Senior Notes

 

 

 

Offering Format:

 

SEC Registered

 

 

 

Principal Amount:

 

$250,000,000

 

 

 

Maturity Date:

 

August 15, 2020

 

 

 

Coupon:

 

2.15%

 

 

 

Interest Payment Dates:

 

Semi-annually on February 15 and August 15, commencing February 15, 2016

 

 

 

Interest Record Dates:

 

February 1 and August 1

 

 

 

Price to Public:

 

99.957% of the principal amount

 

 

 

Net Proceeds After Underwriting Discount and Before Other Expenses:

 

$249,017,500

 

 

 

Benchmark Treasury:

 

1.625% due July 31, 2020

 

 

 

Benchmark Treasury Yield:

 

1.509%

 

 

 

Spread to Benchmark Treasury:

 

65 bps

 

 

 

Yield to Maturity:

 

2.159%

 

 

 

Optional Redemption:

 

The 2020 Notes will be redeemable, at the option of Kimberly-Clark Corporation, at any time, in whole or in part, at a redemption price equal to the greater of (i) 100% of the principal amount of the 2020 Notes to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted, on a semi-annual basis, at the applicable treasury rate plus 10 basis points, plus, in each case, accrued and unpaid interest to the date of redemption.

 

 

 

Change of Control:

 

Kimberly-Clark Corporation will be required to make an offer to repurchase the 2020 Notes at a price of 101% of the principal amount plus accrued and unpaid interest upon a Change of Control Repurchase Event.

 


 

Expected Settlement Date:

 

August 6, 2015 (T+3)

 

 

 

CUSIP:

 

494368 BS1

 

 

 

ISIN:

 

US494368BS16

 

 

 

Joint Book-Running Managers:

 

Deutsche Bank Securities Inc.

Goldman, Sachs & Co.

 

 

 

Co-Managers:

 

Barclays Capital Inc.

Citigroup Global Markets Inc.

HSBC Securities (USA) Inc.

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

RBC Capital Markets, LLC

 

$300,000,000 3.05% Notes due August 15, 2025

 

Issuer:

 

Kimberly-Clark Corporation

 

 

 

Security Type:

 

Senior Notes

 

 

 

Offering Format:

 

SEC Registered

 

 

 

Principal Amount:

 

$300,000,000

 

 

 

Maturity Date:

 

August 15, 2025

 

 

 

Coupon:

 

3.05%

 

 

 

Interest Payment Dates:

 

Semi-annually on February 15 and August 15, commencing February 15, 2016

 

 

 

Interest Record Dates:

 

February 1 and August 1

 

 

 

Price to Public:

 

99.631% of the principal amount

 

 

 

Net Proceeds After Underwriting Discount and Before Other Expenses:

 

$297,543,000

 

 

 

Benchmark Treasury:

 

2.125% due May 15, 2025

 

 

 

Benchmark Treasury Yield:

 

2.143%

 

 

 

Spread to Benchmark Treasury:

 

95 bps

 

 

 

Yield to Maturity:

 

3.093%

 

 

 

Optional Redemption:

 

The 2025 Notes will be redeemable, at the option of Kimberly-Clark Corporation, at any time, in whole or in part, at a redemption price equal to the greater of (i) 100% of the principal amount of the 2025 Notes to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted, on a semi-annual basis, at the applicable treasury rate plus 15 basis points, plus, in each case, accrued and unpaid interest to the date of redemption.

 

 

 

Change of Control:

 

Kimberly-Clark Corporation will be required to make an offer to repurchase the 2025 Notes at a price of 101% of the principal amount plus accrued and unpaid interest upon a Change of Control Repurchase Event.

 

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Expected Settlement Date:

 

August 6, 2015 (T+3)

 

 

 

CUSIP:

 

494368 BR3

 

 

 

ISIN:

 

US494368BR33

 

 

 

Joint Book-Running Managers:

 

Deutsche Bank Securities Inc.

Goldman, Sachs & Co.

 

 

 

Co-Managers:

 

Barclays Capital Inc.

Citigroup Global Markets Inc.

HSBC Securities (USA) Inc.

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

RBC Capital Markets, LLC

 

The issuer has filed a registration statement (No. 333-189633) (including a prospectus and a preliminary prospectus supplement) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read each of these documents and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.

 

You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Deutsche Bank Securities Inc. toll-free at 800-503-4611 or Goldman, Sachs & Co. LLC toll-free at 866-471-2526.

 

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