# EDGAR Filing Document

**Accession Number:** 0000021665
**File Stem:** 0000930413-23-000683
**Filing Date:** 2023-2
**Character Count:** 9366
**Document Hash:** e89ff5a35506473a78250d6e009289dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000930413-23-000683.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0000930413-23-000683

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLGATE PALMOLIVE CO
- **CENTRAL INDEX KEY:** 0000021665
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
- **IRS NUMBER:** 131815595
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-249768
- **FILM NUMBER:** 23676770

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 2123102000

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COLGATE PALMOLIVE CO
- **CENTRAL INDEX KEY:** 0000021665
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
- **IRS NUMBER:** 131815595
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 2123102000

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

***Dated February 27, 2023***

***Free Writing Prospectus Filed Pursuant to Rule 433***

***Supplementing Prospectus dated October 30, 2020 and<br> Prospectus Supplement dated February 27, 2023<br> Registration Statement No. 333-249768<br>***

<br> **$1,500,000,000<br> Colgate-Palmolive Company<br> $500,000,000 4.800% Senior Notes due 2026**

**$500,000,000 4.600% Senior Notes due 2028**

**$500,000,000 4.600% Senior Notes due 2033**

**<br>** 

<br> **Final Term Sheet**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Issuer:** | &nbsp;&nbsp;Colgate-Palmolive Company |
| &nbsp;&nbsp;**Anticipated Ratings:<br> (Moody's/S&P)\*** | &nbsp;&nbsp;Aa3/AA- (stable)/(stable) |
| &nbsp;&nbsp;**Trade Date:** | &nbsp;&nbsp;February 27, 2023 |
| &nbsp;&nbsp;**Settlement Date:** | &nbsp;&nbsp;March 1, 2023 (T+2) |
| &nbsp;&nbsp;**Joint Book-Running Managers:** | &nbsp;&nbsp; BNP Paribas Securities Corp.<br> Goldman Sachs & Co. LLC<br> Morgan Stanley & Co. LLC<br> Wells Fargo Securities, LLC |
| &nbsp;&nbsp;**Co-Managers:** | &nbsp;&nbsp;ANZ Securities, Inc.<br> Barclays Capital Inc.<br> BBVA Securities Inc.<br> BNY Mellon Capital Markets, LLC<br> BofA Securities, Inc.<br> Citigroup Global Markets Inc.<br> HSBC Securities (USA) Inc.<br> ICBC Standard Bank Plc<br> J.P. Morgan Securities LLC<br> Scotia Capital (USA) Inc.<br> U.S. Bancorp Investments, Inc.<br> CastleOak Securities, L.P.<br> Siebert Williams Shank & Co., LLC |

---

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Title of Securities:** | &nbsp;&nbsp;**<u>4.800% Senior Notes due 2026 (the "2026 Notes")</u>** | &nbsp;&nbsp;**<u>4.600% Senior Notes due 2028 (the "2028 Notes")</u>** | &nbsp;&nbsp;**<u>4.600% Senior Notes due 2033 (the "2033 Notes")</u>** |
| &nbsp;&nbsp;**Principal Amount:** | &nbsp;&nbsp;$500000000 | &nbsp;&nbsp;$500000000 | &nbsp;&nbsp;$500000000 |
| &nbsp;&nbsp;**Maturity Date:** | &nbsp;&nbsp;March 2, 2026 | &nbsp;&nbsp;March 1, 2028 | &nbsp;&nbsp;March 1, 2033 |
| &nbsp;&nbsp;**Interest Rate:** | &nbsp;&nbsp;4.800% per annum | &nbsp;&nbsp;4.600% per annum | &nbsp;&nbsp;4.600% per annum |
| &nbsp;&nbsp;**Interest Payment Dates:** | &nbsp;&nbsp;Payable semi-annually in arrears on March 2 and September 2 of each year, commencing September 2, 2023 (long first coupon) | &nbsp;&nbsp;Payable semi-annually in arrears on March 1 and September 1 of each year, commencing September 1, 2023 | &nbsp;&nbsp;Payable semi-annually in arrears on March 1 and September 1 of each year, commencing September 1, 2023 |

---

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Yield to Maturity:** | &nbsp;&nbsp;4.842% | &nbsp;&nbsp;4.623% | &nbsp;&nbsp;4.624% |
| &nbsp;&nbsp;**Spread to Benchmark Treasury:** | &nbsp;&nbsp;+33 bps | &nbsp;&nbsp;+45 bps | &nbsp;&nbsp;+70 bps |
| &nbsp;&nbsp;**Benchmark Treasury:** | &nbsp;&nbsp;UST 4.000% due February 15, 2026 | &nbsp;&nbsp;UST 4.000% due February 29, 2028 | &nbsp;&nbsp;UST 3.500% due February 15, 2033 |
| &nbsp;&nbsp;**Benchmark Treasury Price and Yield:** | &nbsp;&nbsp;98-19; 4.512% | &nbsp;&nbsp;99-07 1/4; 4.173% | &nbsp;&nbsp;96-17; 3.924% |
| &nbsp;&nbsp;**Price to Public:** | &nbsp;&nbsp;99.884% plus accrued interest, if any, from March 1, 2023 | &nbsp;&nbsp;99.898% plus accrued interest, if any, from March 1, 2023 | &nbsp;&nbsp;99.810% plus accrued interest, if any, from March 1, 2023 |
| &nbsp;&nbsp;**Make-Whole Call:** | &nbsp;&nbsp; The 2026 Notes will be redeemable at the issuer's option, in whole or in part, at any time and from time to time, prior to the maturity date of the 2026 Notes, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) the sum of the present values of the remaining scheduled payments of principal and interest on the 2026 Notes to be redeemed discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the prospectus supplement) plus 5 basis points less interest accrued to but excluding the redemption date and (ii) 100% of the principal amount of the 2026 Notes to be redeemed;<br> plus, in either case, accrued and unpaid interest on the 2026 Notes to be redeemed to but excluding the redemption date. | &nbsp;&nbsp; The 2028 Notes will be redeemable, at the issuer's option, in whole or in part, at any time and from time to time, prior to February 1, 2028 (one month prior to the maturity date of the 2028 Notes) (the "2028 Par Call Date"), at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) the sum of the present values of the remaining scheduled payments of principal and interest on the 2028 Notes to be redeemed discounted to the redemption date (assuming that such 2028 Notes matured on the 2028 Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the prospectus supplement) plus 10 basis points less interest accrued to but excluding the redemption date and (ii) 100% of the principal amount of the 2028 Notes to be redeemed;<br> plus, in either case, accrued and unpaid interest on the 2028 Notes to be redeemed to but excluding the redemption date. | &nbsp;&nbsp; The 2033 Notes will be redeemable at the issuer's option, in whole or in part, at any time and from time to time, prior to December 1, 2032 (three months prior to the maturity date of the 2033 Notes) (the "2033 Par Call Date"), at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) the sum of the present values of the remaining scheduled payments of principal and interest on the 2033 Notes to be redeemed discounted to the redemption date (assuming that such 2033 Notes matured on the 2033 Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the prospectus supplement) plus 15 basis points less interest accrued to but excluding the redemption date and (ii) 100% of the principal amount of the 2033 Notes to be redeemed;<br> plus, in either case, accrued and unpaid interest on the 2033 Notes to be redeemed to but excluding the redemption date. |
| &nbsp;&nbsp;**Par Call:** |  | &nbsp;&nbsp;On or after February 1, 2028 | &nbsp;&nbsp;On or after December 1, 2032 |
| &nbsp;&nbsp;**CUSIP/ISIN:** | &nbsp;&nbsp;194162 AQ6 / US194162AQ62 | &nbsp;&nbsp;194162 AR4 / US194162AR46 | &nbsp;&nbsp;194162 AS2 / US194162AS29 |

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**\*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.**

**The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer**

**participating in the offering will arrange to send you the prospectus if you request it by calling BNP Paribas Securities Corp. at 1-800-854-5674, Goldman Sachs & Co. LLC at 1-866-471-2526, Morgan Stanley & Co. LLC at 1-866-718-1649 or Wells Fargo Securities, LLC at 1-800-645-3751.**

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.