Church & Dwight Co. Inc.

12/03/2021 | Press release | Distributed by Public on 12/03/2021 15:39

Material Definitive Agreement - Form 8-K

8-K

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 the report (Date of earliest event reported): December 1, 2021

CHURCH & DWIGHT CO., INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware 1-10585 13-4996950

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

500 Charles Ewing Boulevard, Ewing, New Jersey 08628
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (609)806-1200

N/A

(Former Name or Former Address, if Changed Since Last Report)

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

Name of each exchange

on which registered

Common Stock, $1 par value CHD 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 1.01. Entry Into a Material Definitive Agreement.

On December 1, 2021, Church & Dwight Co., Inc. (the "Company") entered into an underwriting agreement (the "Agreement") with BofA Securities, Inc., Scotia Capital (USA) Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters listed therein (collectively, the "Underwriters"), under which the Company agreed to sell and the Underwriters agreed to purchase, subject to and upon the terms and conditions set forth therein, $400,00,000 aggregate principal amount of the Company's 2.300% Senior Notes due 2031 (the "Notes"). The Notes are being issued to fund a portion of the Company's recently announced acquisition of the TheraBreath brand (the "TheraBreath Acquisition"). If the TheraBreath Acquisition is not consumated on or before April 23, 2022, or the agreement relating to the TheraBreath Acquisition is terminated prior to such date, the Company will redeem the Notes.

The offer and sale of the Notes has been registered under the Securities Act of 1933, as amended (the "Securities Act") pursuant to the Company's effective shelf registration statement on Form S-3(Registration No. 333-254699),and the Notes will be offered pursuant to the prospectus supplement dated December 1, 2021 and related prospectus dated March 25, 2021. The closing is expected to occur on December 10, 2021.

The underwriting agreement includes customary representations, warranties and agreements by the Company and customary conditions to closing and termination provisions. Additionally, the Company has agreed to indemnify, defend and hold the underwriter harmless against certain liabilities, including liabilities under the Securities Act, or contribute to payments that the underwriter may be required to make in respect of such liabilities. This description of the underwriting agreement is a summary only and is qualified in its entirety by the full and complete terms of the underwriting agreement, a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.

ITEM 9.01. Financial Statements and Exhibits.

(c) Exhibits.

Exhibit

Description

1.1 Underwriting Agreement, dated December 1, 2021, among Church & Dwight Co., Inc. and BofA Securities, Inc., Scotia Capital (USA) Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the Underwriters named in Schedule A thereto.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

CHURCH & DWIGHT CO., INC.
Date: December 3, 2021 By:

/S/ Patrick de Maynadier

Name: Patrick de Maynadier
Title: Executive Vice President, General Counsel and Secretary