Form 8-K CLOROX CO /DE/ For: Dec 04
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Clorox's (CLX) Shelf Registration Assigned 'BBB+' Rating by S&P
December 4, 2014 11:59 AM ESTStandard & Poor's Ratings Services said that it assigned its preliminary 'BBB+' senior unsecured debt rating to Oakland, Calif.-based Clorox Co.'s (NYSE: CLX) Rule 415 shelf registration statement filed Dec. 4, 2014. We also assigned our 'BBB+' issue-level rating to the company's proposed $500 million 10-year senior unsecured fixed-rate notes, which will be drawn from the shelf. We expect the company to use the net proceeds from the offering to repay a portion of its $575 million senior unsecured notes due... More
