NEW YORK (Standard&Poor's) Oct. 30, 2008--Standard&Poor's Ratings Services said today that it assigned its 'A' senior unsecured debt rating to Kimberly-Clark Corp.'s (A/Stable/A-1) planned $500 million note offering due 2018. "The offering will be drawn off Kimberly-Clark's existing Rule 415 shelf registration, and the company will use the proceeds to reduce commercial paper borrowings," said Standard&Poor's credit analyst Patrick Jeffrey. The corporate credit rating on Dallas, Texas-based Kimberly-Clark, a global manufacturer and marketer of household and personal care products, reflects its strong business risk profile, softer, yet still strong operating margins, and our expectation that the company will maintain a modest financial risk profile. Kimberly-Clark has leading market shares in a number of core