Standard & Poor's raised to "A-" (A
minus) Kimberly-Clark de México, S.A. de C.V.'s
foreign currency rating
On November 3rd, 2005, Standard & Poor's Rating
Services raised from "BBB+" to "A-"
Kimberly-Clark de México, S.A. de C.V.'s Foreign
Currency Rating, resulting in the first Mexican company
to achieve such a rating.
The rationale behind Standard & Poor's improved
rating of Kimberly-Clark de Mexico is: the strong and
consistent free-cash-flow generation, the moderate leverage
in the balance sheet, the competitive business profile
amongst other structural features.
This event recognizes the quality and consistency of
Kimberly-Clark de Mexico's strong cash profits.
This rating is 2 notches above the actual Mexican sovereign
foreign currency rating.
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