Fitch: Kimberly-Clark loan A

Fitch Ratings said it assigned an A rating to Kimberly-Clark Corp.'s new $1.5 billion five-year and $500 million 364-day revolving credit facilities.

These facilities will be used for general corporate purposes.

The company has a long-term issuer default rating of A, short-term issuer default rating of F1, commercial-paper rating of F1, $200 million dealer re-marketable securities ratings of A and F1, $2 billion revolving credit facilities rating of A and senior unsecured notes and debentures rating of A.

The outlook is stable.

The ratings reflect the company's strong credit protection measures and ability to consistently generate at least $2.3 billion in operating cash flow and more than $500 million of free cash flow in each of the past nine years, Fitch said.

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