CHICAGO (S&P Global Ratings) Feb. 26, 2019--S&P Global Ratings today assigned its 'AA-' issue-level rating to New York City-based Colgate-Palmolive Co.'s proposed senior unsecured euro notes. The notes will be drawn from the company's series H medium-term note program and we expect it to use the net proceeds from these notes for general corporate purposes, including debt repayment. All of our existing ratings on Colgate-Palmolive, including our 'AA-' issuer credit rating, remain unchanged. The company had approximately $6.4 billion of debt outstanding as of Dec. 31, 2018. Our ratings on Colgate reflect its high brand equity and solid market positions, particularly in oral care. We believe the inherently stable demand characteristics of the company's oral, personal, and home care products,
