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Kenvue logoKenvue KVUE

The company said that on May 22, 2025 it closed its previously announced underwritten public offering of $750,000,000 aggregate principal amount of 4.850% Senior Notes due 2032.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that on May 22, 2025 it closed its previously announced underwritten public offering of $750,000,000 aggregate principal amount of 4.850% Senior Notes due 2032.

  2. The company said the notes carry an interest rate of 4.850% per year, with interest payable semi-annually on May 22 and November 22. It said the first interest payment date is November 22, 2025 and the notes mature on May 22, 2032.

  3. Kenvue said it intends to use the net proceeds from the offering for general corporate purposes. It said the notes were issued under the Base Indenture dated March 22, 2023 and the Second Supplemental Indenture dated May 22, 2025.

  4. The company said the indenture limits its ability and that of certain of its subsidiaries to create liens, enter into sale-leaseback transactions, merge or consolidate with other companies, and sell, lease or convey substantially all of its assets, subject to certain exceptions. It also said it may redeem the notes at its option, in whole or in part, at any time before maturity.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kenvue Closes $750,000,000 4.850% Senior Notes Offering

The company said that on May 22, 2025 it closed its previously announced underwritten public offering of $750,000,000 aggregate principal amount of 4.850% Senior Notes due 2032.

Source · Based on the filing body and exhibits

Kenvue notes carry 4.850% coupon, paid semi-annually, due May 22, 2032

The company said the notes carry an interest rate of 4.850% per year, with interest payable semi-annually on May 22 and November 22. It said the first interest payment date is November 22, 2025 and the notes mature on May 22, 2032.

Source · Based on the filing body and exhibits

Kenvue plans to use net proceeds for general corporate purposes

Kenvue said it intends to use the net proceeds from the offering for general corporate purposes. It said the notes were issued under the Base Indenture dated March 22, 2023 and the Second Supplemental Indenture dated May 22, 2025.

Source · Based on the filing body and exhibits

Kenvue notes indenture limits and optional redemption right

The company said the indenture limits its ability and that of certain of its subsidiaries to create liens, enter into sale-leaseback transactions, merge or consolidate with other companies, and sell, lease or convey substantially all of its assets, subject to certain exceptions. It also said it may redeem the notes at its option, in whole or in part, at any time before maturity.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.