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Prospect News home > News index > List of issuers C > Headlines for Colgate-Palmolive Co. > News item |
S&P assigns AA- to Colgate notes
S&P said it assigned its AA- issue-level rating to Colgate-Palmolive Co.'s planned senior unsecured notes with final amounts and maturities to be determined.
“All our existing ratings on Colgate-Palmolive, including our AA- issuer credit rating, are unchanged,” S&P said in a press release.
The company intends to use the proceeds for general corporate purposes, including the retirement of commercial paper.
The outlook is stable.
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