Whirlpool Corp. - S&P Global Ratings’ Credit Research

Whirlpool Corp.

Whirlpool Corp. - S&P Global Ratings’ Credit Research
Whirlpool Corp.
Published Oct 04, 2005
1056 words — Published Oct 04, 2005
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Leadership in appliance manufacturing, Geographic diversity, and New-product development efforts. Operation in a mature industry, Intense competition, and Vulnerability to global economic and currency risk. The ratings on Benton Harbor, Mich.-based Whirlpool Corp. were placed on CreditWatch with negative implications on July 18, 2005. The action followed Whirlpool's announcement that it had made a proposal to acquire Maytag Corp. for $17 per share, plus the assumption of debt, for a transaction value of $2.3 billion. Since then, Whirlpool increased its offer to acquire Maytag to $21 per share, plus the assumption of debt, and Maytag's board of directors approved a merger agreement with Whirlpool. The transaction, subject to customary closing conditions, including regulatory and shareholder approvals, is expected to close

  
Brief Excerpt:

RESEARCH Whirlpool Corp. Publication date: 04-Oct-2005 ISSUER CREDIT RATINGS Whirlpool Corp. Corporate Credit Rating ###+/Watch Neg/A-2 Whirlpool Financial Corp. Corporate Credit Rating ###+/Watch Neg/## AFFIRMED RATINGS Whirlpool Corp....

  
Report Type:

Full Report

Ticker
Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Whirlpool Corp." Oct 04, 2005. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-467328>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp. Oct 04, 2005. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-467328>
  
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