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Fitch Rates Colgate's $600MM 30-Year Notes 'AA-'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'AA-' rating to Colgate Palmolive Company's (Colgate) $600 million senior unsecured 30-year note. Fitch currently rates Colgate's IDR 'AA-'. The Rating Outlook is Stable. Proceeds will be used for general corporate purposes including repaying commercial paper. As of June 30, 2015 Colgate had $236 million in outstanding CP. However, CP balances are typically higher within the reporting period with average daily balances of $2 billion in the

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