Moody's rates Kimberly-Clark 10-year notes A2; Outlook stable
Rating Action: Moody's rates Kimberly-Clark 10- year notes A2; Outlook stable. Global Credit Research- 28 Oct 2021. New York, October 28, 2021-- Moody's Investors Service assigned an A2 rating to $600 million of senior unsecured notes offered by Kimberly-Clark Corporation maturing in 2031. Proceeds will be used for general corporate purposes which could include debt repayment.Kimberly-Clark is principally engaged in the manufacturing and marketing of a range of products primarily made from natural or synthetic fibers using technologies in fibers, nonwovens and absorbency. The company is organized into three operating segments: Personal Care, which provides solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, which provides facial and bathroom tissue, paper towels, napkins and related products; and K-C Professional, which provides a range of solutions and supporting products such as wipers, tissue, towels, apparel, soaps and sanitizers.
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