NEW YORK (Standard&Poor's) Dec. 14, 2006--Standard&Poor's Ratings Services today assigned its 'AA-' senior unsecured debt rating to Kimberly-Clark Corp.'s planned $200 million dealer remarketable securities offering due December 2016. The remarketable securities will be issued pursuant to Rule 144A, and will be used to repay commercial paper and other short-term borrowings incurred for general corporate purposes. At the same time, Standard&Poor's affirmed its existing ratings on Kimberly-Clark, including the 'AA-' long-term corporate credit rating and 'A-1+' short-term rating. The long-term rating outlook is stable. The company had approximately $3.6 billion of debt outstanding as of Sept. 30, 2006. The rating on Dallas, Texas-based Kimberly-Clark, a global manufacturer and marketer of household and personal care
