Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating - S&P Global Ratings’ Credit Research

Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating

Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating - S&P Global Ratings’ Credit Research
Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating
Published Feb 17, 2016
Published Feb 17, 2016
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Abstract:

CHICAGO (Standard&Poor's) Feb. 17, 2016--Standard&Poor's Ratings Services today assigned its 'A' issue-level rating to Dallas-based Kimberly-Clark Corp.'s proposed senior unsecured note issuance. 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 from the issuance for general corporate purposes, including providing funds to retire debt. Debt outstanding as of Dec. 31, 2015, was about $7.8 billion. All of our existing ratings on the company, including the 'A' long-term and 'A-1' short-term corporate credit ratings, remain unchanged. The outlook is negative. Our ratings and outlook on Kimberly-Clark incorporate the company's solid market shares in North American tissue and global diapers, incontinence care,

  
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Ratings Action

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GICS
Household Products (30301010)
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Global Issuers
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating" Feb 17, 2016. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Kimberly-Clark-Corp-s-Proposed-Unsecured-Notes-Assigned-A-Rating-1579269>
  
APA:
S&P Global Ratings’ Credit Research. (). Kimberly-Clark Corp.'s Proposed Unsecured Notes Assigned 'A' Rating Feb 17, 2016. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Kimberly-Clark-Corp-s-Proposed-Unsecured-Notes-Assigned-A-Rating-1579269>
  
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