Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable

Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable
Published Apr 10, 2015
7 pages (2326 words) — Published Apr 10, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We reviewed our ratings on Whirlpool Corp. We are affirming all ratings, including our 'BBB' corporate credit rating. The outlook is stable, reflecting our expectation that Whirlpool will continue to deleverage and maintain leverage between 2x and 3x. On April 10, 2015, Standard&Poor's Ratings Services affirmed its ratings on Benton Harbor, Mich.-based Whirlpool Corp. (Whirlpool), including its 'BBB' long-term corporate credit rating. At the same time, we affirmed our 'A-2' short-term rating and commercial paper (CP) rating on Whirlpool. The outlook is stable. As of the fiscal year ended Dec. 31, 2014, we estimate that the company had adjusted debt of roughly $5.6 billion. The ratings affirmation reflects our belief that Whirlpool will continue to perform in line

  
Brief Excerpt:

...The outlook is stable, reflecting our expectation that Whirlpool will continue to deleverage and maintain leverage between 2x and 3x....

  
Report Type:

Research Update

Ticker
Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable" Apr 10, 2015. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Whirlpool-Corp-Ratings-Affirmed-Outlook-Stable-1393417>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Whirlpool Corp. Ratings Affirmed; Outlook Stable Apr 10, 2015. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Whirlpool-Corp-Ratings-Affirmed-Outlook-Stable-1393417>
  
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