CHICAGO (Standard&Poor's) Aug. 3, 2015--Standard&Poor's Ratings Services today assigned its 'A' debt rating to Dallas-based Kimberly-Clark Corp.'s (KMB) proposed debt issuance, which we expect will total up to $550 million and consist of a mix of five-year and 10-year fixed-rate senior unsecured notes. The offering will be drawn off Kimberly-Clark's Rule 415 shelf registration statement filed June 27, 2013. We expect the company to use the net proceeds for debt repayment. Debt outstanding as of June 30, 2015, was about $7.6 billion. All of the existing ratings on the company, including the 'A' long-term and 'A-1' short-term corporate credit ratings, remain unchanged. The outlook is stable. The ratings on KMB reflect its solid market shares in
