NEW YORK (Standard&Poor's) Nov. 4, 2011--Standard&Poor's Ratings Services said today it assigned its 'AA-' senior unsecured debt rating to New York City-based Colgate-Palmolive Co.'s newly issued $300 million senior unsecured notes due 2014, $400 million senior unsecured notes due 2017, and $300 million senior unsecured notes due 2021. In addition, we assigned our preliminary 'AA-' senior unsecured rating to the company's Rule 415 shelf registration for debt securities dated Oct. 27, 2011. The new issues will be drawn from the company's Series G medium-term note program issued under the shelf registration. We expect net proceeds from the debt issues to repay existing indebtedness (including commercial paper borrowings) and for leverage to remain unchanged. We also expect
