28 June 2024 – Ansell Limited (ASX:ANN) has secured long term debt financing to partially fund the acquisition of 100% of the assets that constitute Kimberly-Clark’s Personal Protective Equipment business (the Acquisition) from Kimberly-Clark Corporation, which was announced to the market on 8 April 2024.

Ansell has raised US$377 million via the United States Private Placement (USPP) market. The USPP proceeds replace the previously announced fully committed bridge facility which will no longer need to be drawn, with maturities on the notes issued ranging from 5 to 12 years and providing Ansell with long term funding certainty going into FY25. Further details around Ansell’s funding profile including FY25 net interest cost guidance will be provided alongside Ansell’s full year results to be released on 20 August 2024.

As previously advised on 21 May 2024, completion of the Acquisition is expected to occur on 1 July 2024 (United States Eastern Daylight Time).

This announcement was authorised for release by the Chairman and the CEO & Managing Director of Ansell Limited.

ENDS