Colgate-Palmolive Co.'s Proposed Senior Unsecured Notes Rated 'A+'

CHICAGO (S&P Global Ratings) April 28, 2025--S&P Global Ratings today assigned its 'A+' issue-level rating to New York City-based Colgate-Palmolive Co.' s proposed senior unsecured notes (final amounts and maturities to be determined). The company intends to use the net proceeds from the proposed issuance for general corporate purposes. The notes will rank pari passu with Colgate-Palmolive's other senior unsecured debt. The company had approximately $8.3 billion of debt outstanding as of March 31, 2025. All our existing ratings on Colgate-Palmolive, including our 'A+' issuer credit rating, are unchanged. The outlook is stable. Our ratings on Colgate reflect its high brand equity and solid market positions, particularly in oral care. We view the company's extensive international presence, track record of

...April 28, 2025 CHICAGO (S&P Global Ratings) April 28, 2025--S&P Global Ratings today assigned its 'A+' issue- level rating to New York City-based Colgate-Palmolive Co.'s proposed senior unsecured notes (final amounts and maturities to be determined). The company intends to use the net proceeds from the proposed issuance for general corporate purposes. The notes will rank pari passu with Colgate-Palmolive's other senior unsecured debt. The company had approximately $8.3 billion of debt outstanding as of March 31, 2025. All our existing ratings on Colgate-Palmolive, including our 'A+' issuer credit rating, are unchanged. The outlook is stable. Our ratings on Colgate reflect its high brand equity and solid market positions, particularly in oral care. We view the company's extensive international presence, track record of innovation, and inherently stable demand for its oral, personal, and home care products as credit strengths. The company reported satisfactory results for the first quarter...

Ratings Action