S&P: Kimberly-Clark notes A-

Standard & Poor’s said it assigned an A- rating to Kimberly-Clark de Mexico SAB de CV’s proposed senior unsecured notes for up to $250 million due 2025.

The proceeds will be used to repay its Ps. 1.5 billion existing debt due Nov. 5, 2015 and for other corporate purposes.

The company’s key credit metrics will remain in line with its modest financial risk profile and satisfactory business risk profile, S&P said.

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