8-KThe WireRoutine
Company Update
Filed Sep 11, 2020 · 5y ago · Accession 0001104659-20-104360
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: September 11, 2020
(Date of earliest
event reported)
KIMBERLY-CLARK
CORPORATION
(Exact name of registrant
as specified in its charter)
Delaware
1-225
39-0394230
(State or other jurisdiction
of incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
P.O. Box 619100 , Dallas , Texas
75261-9100
(Address of principal executive offices)
(Zip Code)
( 972 )
281-1200
(Registrant’s
telephone number, including area code)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
KMB
New York Stock Exchange
0.625% Notes due 2024
KMB24
New York Stock Exchange
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
On September 11, 2020, Kimberly-Clark Corporation
(the “Corporation”) issued $600,000,000 aggregate principal amount of 1.050% Notes due 2027 (the “Notes”)
pursuant to its effective shelf registration statement on Form S-3 (File No. 333-229547) (the “Shelf Registration Statement”).
On September 8, 2020, the Corporation entered into an Underwriting Agreement (the “Underwriting Agreement”) with Goldman
Sachs & Co. LLC, HSBC Securities (USA) Inc. and Morgan Stanley & Co. LLC, as representatives for the several underwriters
named therein, for the issuance and sale by the Corporation of the Notes. The Notes were registered under the Securities Act of
1933, as amended, pursuant to the Shelf Registration Statement.
The Notes were issued under an Indenture (as amended
and supplemented, the “Indenture”), dated as of March 1, 1988, by and among the Corporation and The Bank of New York
Mellon Trust Company, N.A. (as successor in interest to The First National Bank of Chicago) as Trustee (originally executed with
Bank of America National Trust and Savings Association) and the Seventh Supplemental Indenture thereto dated as of September 11,
2020, between the Corporation and the Trustee with respect to the Notes (the “Seventh Supplemental Indenture”).
In the event that the closing of the previously announced
acquisition of Softex Indonesia (the “Softex Indonesia Acquisition”) has not occurred on or prior to the earlier of
(i) March 31, 2021 and (ii) the date the Softex Indonesia Acquisition purchase agreement is terminated according to its terms,
the Corporation will be required to redeem all outstanding Notes on a special mandatory redemption date at a redemption price equal
to 101% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.
The foregoing description of the Underwriting Agreement,
the Notes, the Indenture and the Seventh Supplemental Indenture are summaries and are qualified in their entirety by reference
to such documents, which are attached as Exhibits 1.1, 4.1, 4.2 and 4.3 to this Current Report on Form 8-K, respectively.
Item 9.01 Financial Statements
and Exhibits.
(d) Exhibits.
Exhibit 1.1 Underwriting Agreement, by and among the Corporation
and the representatives for the several underwriters named therein, dated as of September 8, 2020.
Exhibit 4.1 Form of 1.050% Notes
due September 15, 2027.
Exhibit 4.2 First Amended
and Restated Indenture dated as of March 1, 1988, between the Corporation and The Bank of New York Mellon Trust Company, N.A.(as successor in interest to The First National Bank of Chicago) as Trustee (originally executed with Bank of America
National Trust and Savings Association) (incorporated by reference to Exhibit No. 4.1 to the Registration Statement on Form
S-3 filed on February 2, 1998 (File No. 333-45399)).
Exhibit 4.3 Seventh Supplemental
Indenture, dated as of September 11, 2020, between the Corporation and The Bank of New York Mellon Trust Company, N.A., as Trustee.
Exhibit 5.1 Opinion of Gibson,
Dunn & Crutcher LLP.
Exhibit 23.1 Consent of Gibson,
Dunn & Crutcher LLP (included in Exhibit 5.1 hereto).
104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
KIMBERLY-CLARK CORPORATION
Date: September 11, 2020 By:
/s/ Flavio Costa
Flavio Costa
Vice President and Treasurer
Filing details
- Company
- KIMBERLY CLARK CORP
- Ticker
- KMB
- CIK
- 55785
- Form type
- 8-K
- Filing date
- Sep 11, 2020
- Report date
- Sep 11, 2020
- Document
- tm2030245-6_8k.htm
- Size
- 675 KB