0001193125-26-216807
SEC filingThe Clorox Company completed a $1.5 billion senior notes offering across three tranches to fund general corporate purposes.
The Clorox Company raised $1.5 billion through a registered public offering of senior notes in three tranches: $550 million of 4.700% notes due 2031, $400 million of 4.950% notes due 2033, and $550 million of 5.250% notes due 2036. The offering closed on May 11, 2026, with net proceeds intended for general corporate purposes. The notes are senior unsecured obligations issued under an indenture dated May 11, 2022, with U.S. Bank Trust Company as trustee. The underwriting syndicate was led by Citigroup, J.P. Morgan, and Wells Fargo, with several other firms participating. The notes include make-whole redemption provisions at Treasury plus 15 basis points prior to par call dates, and par call options within one to three months of maturity. A change of control triggering event would require Clorox to repurchase the notes at 101% of principal plus accrued interest. This debt issuance strengthens Clorox's balance sheet and provides liquidity for strategic initiatives.