Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed - S&P Global Ratings’ Credit Research

Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed

Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed - S&P Global Ratings’ Credit Research
Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed
Published Mar 15, 2010
1320 words — Published Mar 15, 2010
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Abstract:

U.S.-based Whirlpool Corp.'s operating performance has improved while liquidity has meaningfully strengthened due to better-than-expected cash flow generation We are affirming Whirlpool's 'BBB-' corporate credit rating. We are revising the outlook to stable from negative because we expect credit measures to improve to levels that support the ratings over the next year. NEW YORK (Standard&Poor's) March 15, 2010--Standard&Poor's Ratings Services said today that it revised its outlook on Benton Harbor, Mich.-based Whirlpool Corp. to stable from negative. At the same time, we affirmed our ratings on the company, including the 'BBB-' corporate credit rating. As of Dec. 31, 2009, Whirlpool had reported debt outstanding of $2.9 billion and cash of $1.38 billion. "The outlook revision reflects

  
Brief Excerpt:

RESEARCH Whirlpool Corp. Outlook Revised To Stable From Neg; '###-' Rating Affirmed Publication date: 15-Mar-2010 Primary Credit Analyst: Christopher Johnson, CFA, New York (1) 212-438-1433; chris_johnson@standardandpoors.com U.S.-based...

  
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Ratings Action

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Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed" Mar 15, 2010. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Outlook-Revised-To-Stable-From-Neg-BBB-Rating-Affirmed-781942>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp. Outlook Revised To Stable From Neg; 'BBB-' Rating Affirmed Mar 15, 2010. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Outlook-Revised-To-Stable-From-Neg-BBB-Rating-Affirmed-781942>
  
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