Company: CL
Filing Date: 2025-11-03
Form Type: 424B2
Source: 0001104659-25-105106
Chunk: 13

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-11-03
Form: 424B2
Chunk 13
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 in our corporate credit ratings could materially adversely affect our financial condition, liquidity and results of operations and the market price of the Notes.

Our corporate credit ratings are subject to ongoing
evaluation by credit rating agencies, and we cannot assure you that any rating will not be changed or withdrawn by a rating agency in
the future if, in its judgment, circumstances warrant. Moreover, such credit ratings are not recommendations to buy, sell or hold the
Notes or any other securities. If any credit rating agency downgrades our corporate ratings or otherwise indicates that its outlook for
that rating is negative, it could have a material adverse effect on the market price of the Notes and our costs and availability of capital,
which could in turn have a material adverse effect on our financial condition, liquidity and results of operations and our ability to
satisfy our debt service obligations (including payments on the Notes).

Redemption may adversely affect your return on the Notes.

The Notes are redeemable at our option and we may
choose to redeem some or all of the Notes from time to time, especially when prevailing interest rates are lower than the rate borne by
the Notes. If prevailing rates are lower at the time of redemption, you may not be able to reinvest the redemption proceeds in a comparable
security at an effective interest rate as high as the interest rate on the Notes being redeemed. See “Description of the Notes—Optional
Redemption.”

An increase in interest rates could result in a decrease in the relative value of the Notes.

In general, as market interest rates rise, notes
bearing interest at a fixed rate generally decline in value because the premium, if any, over market interest rates will decline. Consequently,
if you purchase the Notes and market interest rates increase, the market value of your Notes may decline. We cannot predict the future
level of market interest rates.

An investment in the Notes by a purchaser whose home currency is not euro entails significant risks.

An investment in securities which are denominated
and payable in a currency other than the currency of the country in which the purchaser is resident or the currency in which the purchaser
primarily conducts its business or activities (in each case, the “home currency”) entails significant risks not associated
with securities denominated and payable in the home currency. Accordingly, an investment in the Notes by a purchaser whose home currency
is not euro entails significant risks. These risks include the possibility of significant changes in rates of exchange between the holder’s
home currency and the euro and the possibility of the imposition or subsequent modification