CHICAGO (Standard&Poor's) Nov. 26, 2014--Standard&Poor's Ratings Services said today that it assigned its 'A-1' short-term rating to Dallas-based Kimberly-Clark Corp.'s (KMB's) new $2 billion commercial paper program. The new program is replacing Kimberly-Clark Worldwide Inc.?s existing $2 billion commercial paper program. We expect to withdraw the ratings on the existing program when existing commercial paper notes run off. All of our existing ratings on the company, including the 'A' corporate credit rating, remain unchanged, as does the stable outlook. The company had close to $7 billion of reported debt and redeemable securities outstanding as of Sept. 30, 2014. Our "strong" assessment of KMB's business risk profile reflects the company's solid market positions in North American consumer
