Kimberly Clark de Mexico de CV : Fitch Ratings revises Kimberly-Clark de México foreign currency rating outlook.
May 25, 2017 at 06:36 pm EDT
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May 25, 2017
FITCH RATINGS REVISES KIMBERLY-CLARK DE MEXICO FOREIGN CURRENCY RATING OUTLOOK
Kimberly-Clark de México S.A.B. de C.V. (KCM) announces that Fitch Ratings, on May 12, revised KCM Rating Outlook to Stable from Negative on the Foreign Currency IDR at 'A'.
The FC IDR Outlook revision to Stable is based on Fitch's assessment of the company's ability to service hard currency debt, as per Fitch's 'Rating Non-Financial Corporates Above the Country Ceiling Rating Criteria'.
Kimberly-Clark de México S.A.B. de C.V. is a Mexican company that manufactures and commercializes branded consumer products such as diapers, feminine pads, bath tissue, napkins, facial tissue, paper towels and wet wipes. We are market leaders in almost all of our categories with brands such as Huggies, Kleen-Bebé, Kleenex, Pétalo, Cottonelle, Depend, Kotex, Evenflo and Escudo.
Investor Relations Contact
Azul Argüelles
Tel: (5255) 5282-7204
azul.arguelles@kcc.com
Kimberly-Clark de Mexico SAB de CV published this content on 25 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 May 2017 22:35:17 UTC.
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Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.