New York, May 19, 2014 -- Moody's Investors Service assigned an A2 rating to Kimberly-Clark Corporation's (KMB) proposed $600 million of senior unsecured notes. KMB plans to utilize the net proceeds for general corporate purposes, which Moody's believes will include refinancing maturing obligations and share repurchases. KMB had $100 million of notes mature in February 2014 and $500 million of preferred stock is redeemable in December 2014. The rating outlook remains stable.
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