OAKLAND, CA, Nov. 4, 2009 (Marketwire) --
OAKLAND, CA -- (Marketwire) -- 11/04/09 -- The Clorox Company (NYSE: CLX) today announced that it has priced an offering of $300 million aggregate principal amount of its 3.55 percent senior notes due Nov. 1, 2015, in an underwritten registered public offering. The offering was made pursuant to an effective shelf registration statement Clorox filed with the Securities and Exchange Commission (SEC) on Oct. 3, 2007, as amended on Nov. 4, 2009. The offering is expected to close on Nov. 9, 2009, subject to customary closing conditions. Clorox intends to use the net proceeds from the offering to retire commercial paper.
Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and Wells Fargo Securities, LLC acted as joint lead book-running managers. Earlier today, Clorox filed a preliminary prospectus supplement and an accompanying prospectus with the SEC in connection with the offering of the senior notes. Copies of these materials are available by contacting Citigroup Global Markets Inc. at 388 Greenwich Street, New York, NY 10013, or by telephone at (877) 858-5407; J.P. Morgan Securities Inc. at 270 Park Avenue, New York, NY 10017, or by telephone at (212) 834-4533; or Wells Fargo Securities, LLC at 1525 West W.T. Harris Boulevard, NC0675, Charlotte, NC 28262, Attn: Syndicate Operations, or by telephone at (800) 326-5897. Electronic copies of the preliminary prospectus supplement and accompanying prospectus are available on the SEC's Web site at www.sec.gov.
The Clorox Company
The Clorox Company is a leading manufacturer and marketer of consumer products with fiscal year 2009 revenues of $5.5 billion. Clorox markets some of consumers' most trusted and recognized brand names, including its namesake bleach and cleaning products, Green Works® natural cleaners, Armor All® and STP® auto-care products, Fresh Step® and Scoop Away® cat litter, Kingsford® charcoal, Hidden Valley® and K C Masterpiece® dressings and sauces, Brita® water-filtration systems, Glad® bags, wraps and containers, and Burt's Bees® natural personal care products. With approximately 8,300 employees worldwide, the company manufactures products in more than two dozen countries and markets them in more than 100 countries. Clorox is committed to making a positive difference in the communities where its employees work and live. Founded in 1980, The Clorox Company Foundation has awarded cash grants totaling more than $77 million to nonprofit organizations, schools and colleges.
