On March 30, 2006, Standard&Poor's Ratings Services lowered its corporate credit and senior unsecured debt ratings on home appliance manufacturer Whirlpool Corp. to 'BBB' from 'BBB+'. The 'A-2' short-term corporate credit and commercial paper ratings on the company were affirmed. The ratings were removed from CreditWatch, where they were placed with negative implications July 18, 2005. The rating outlook is stable. At the same time, the senior unsecured debt ratings on home appliance manufacturer Maytag Corp. were raised to 'BBB' from 'BB+'. The 'BB+' corporate credit rating on Maytag was withdrawn. These ratings were also removed from CreditWatch, where they were placed with developing implications July 18, 2005. The rating actions follow Whirlpool's receipt of regulatory approval for
