BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions - S&P Global Ratings’ Credit Research

BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions

BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions - S&P Global Ratings’ Credit Research
BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions
Published Aug 26, 2002
Published Aug 26, 2002
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About This Report

  
Abstract:

Standard&Poor's today said that there would be no effect on the ratings or outlook of appliance-maker Whirlpool Corp. (BBB+/Negative/A-2) following Whirlpool's announcement that approximately $68 million of its $96 million aircraft lease assets that are recorded in discontinued operations, and which relate to United Airlines Inc., could be reduced or written off should United file for bankruptcy protection. Any resulting charge would be non-cash and would not affect Whirlpool's core appliance business. Importantly, credit protection measures are expected to remain appropriate for the ratings.

  
Report Type:

Bulletin

Ticker
WHR
Issuer
Whirlpool Corp.
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
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Summary: Whirlpool Corp. – 2002/09/11 – US$ 225.00

Whirlpool Corp. – 2003/01/13 – US$ 500.00

Summary: Whirlpool Corp. – 2003/07/07 – US$ 225.00

Whirlpool Corp. Outlook Revised to Stable – 2003/11/24 – US$ 150.00

Research Update: Whirlpool Corp. – 2003/11/24 – US$ 225.00

Summary: Whirlpool Corp. – 2002/08/08 – US$ 225.00

Research Update: Whirlpool Corp. – 2002/05/23 – US$ 225.00

Summary: Whirlpool Corp. – 2002/03/07 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions" Aug 26, 2002. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Whirlpool-Corp-s-Aircraft-Lease-Assets-Could-Be-Hurt-By-Airline-Conditions-261764>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Whirlpool Corp.'s Aircraft Lease Assets Could Be Hurt By Airline Conditions Aug 26, 2002. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Whirlpool-Corp-s-Aircraft-Lease-Assets-Could-Be-Hurt-By-Airline-Conditions-261764>
  
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