Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research

Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed

Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed - S&P Global Ratings’ Credit Research
Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed
Published Dec 13, 2000
Published Dec 13, 2000
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Abstract:

NEW YORK (Standard&Poor's CreditWire) Dec. 13, 2000-- Standard&Poor's today revised its outlook for Whirlpool Corp. to negative from stable. At the same time, the triple-'B'-plus long-term corporate credit and senior unsecured debt and triple-'B' subordinated debt ratings, as well as the 'A-2' short-term corporate credit and commercial paper ratings for Whirlpool were affirmed. In addition, Whirlpool Financial Corp.'s triple-'B'-plus corporate credit and triple-'B'-minus preferred stock ratings were affirmed. Approximately $2 billion in debt was outstanding on Sept. 30, 2000. The outlook revision is based on Whirlpool's forecast for weakened operating and financial performance. The company revised its sales and earnings estimates downward due to the continuing slowdown in demand for U.S. and European home appliances and

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed" Dec 13, 2000. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Outlook-Revised-to-Negative-Ratings-Affirmed-175728>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp. Outlook Revised to Negative; Ratings Affirmed Dec 13, 2000. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Outlook-Revised-to-Negative-Ratings-Affirmed-175728>
  
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