Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1' - S&P Global Ratings’ Credit Research

Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1'

Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1' - S&P Global Ratings’ Credit Research
Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1'
Published Aug 20, 2015
Published Aug 20, 2015
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Abstract:

CHICAGO (Standard&Poor's) Aug. 20, 2015--Standard&Poor's Ratings Services today assigned its 'A/A-1' issue-level rating to Dallas-based Kimberly-Clark Corp.'s $40 million Industrial Development Revenue Bonds issued by the City of Maumelle, Arkansas. The split rating reflects the bonds' short-term remarketing feature. The bond proceeds finance the cost of certain industrial facilities and equipment located in the City of Maumelle and leased to Kimberly-Clark Corp. The bonds are payable solely from the rentals derived from the lease. We estimate Kimberly-Clark Corp. had about $7.6 billion debt outstanding as of June 30, 2015. All of our existing ratings on Kimberly-Clark, including the 'A' long-term and 'A-1' short-term corporate credit, rating remain unchanged. The outlook is stable. The ratings on Kimberly-Clark

  
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Ratings Action

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GICS
Household Products (30301010)
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Global Issuers , Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1'" Aug 20, 2015. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Kimberly-Clark-Corp-s-40-Mil-Industrial-Development-Revenue-Bonds-Rated-A-A-1-1437491>
  
APA:
S&P Global Ratings’ Credit Research. (). Kimberly-Clark Corp.'s $40 Mil. Industrial Development Revenue Bonds Rated 'A/A-1' Aug 20, 2015. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Kimberly-Clark-Corp-s-40-Mil-Industrial-Development-Revenue-Bonds-Rated-A-A-1-1437491>
  
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