Fitch affirms Kimberly-Clark de Mexico

Fitch Ratings said it affirmed the BBB+ foreign currency senior unsecured debt rating and the A local currency senior unsecured debt rating of Kimberly-Clark de Mexico SA de CV. Fitch also affirmed its long-term rating of AAA(mex) on the national scale. The outlook is stable.

Fitch said the ratings reflect the company's dominant business position, stable cash flows and strong financial profile.

Kimberly-Clark's business strength is supported by a solid brand portfolio, a low cost structure, an extensive distribution network and access to Kimberly-Clark Corp.'s technology and research and development capabilities.

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