Mergers & Acquisitions ·
Extends Kenvue note exchange offer for up to $7B to November 2
KMBKimberly Clark Corp
Kimberly-Clark extended the expiration date of its exchange offers for Kenvue notes from October 27, 2026, to November 2, 2026. The company is offering up to $7 billion in new notes to acquire outstanding Kenvue debt as part of a pending acquisition. As of the previous deadline, holders had tendered between 73.9% and 98.5% of various note series. Settlement is expected promptly after the new expiration date. Kimberly-Clark manufactures personal care products including Huggies and Kleenex.