S&P lowers Kimberly-Clark

Standard & Poor's said it lowered its corporate credit and senior unsecured debt ratings on Kimberly-Clark Corp. to A from A+, while affirming its A-1 short-term commercial paper rating.

At the same time, the agency said it removed all the ratings from CreditWatch with negative implications, where we placed them on July 15.

The outlook is stable.

According to S&P, the lower rating is based on the continuing effect of rising commodity costs and the challenging competitive environment on the company's profitability measures.

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