Whirlpool Corp. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable - S&P Global Ratings’ Credit Research

Whirlpool Corp. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable

Whirlpool Corp. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable - S&P Global Ratings’ Credit Research
Whirlpool Corp. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable
Published Mar 29, 2013
1278 words — Published Mar 29, 2013
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Abstract:

We believe improving economic conditions and a stronger housing market, along with a lower cost structure, will allow U.S.-based appliance manufacturer Whirlpool Corp. to further strengthen its credit measures and operating performance. We are raising the ratings on the company, including the long-term corporate credit rating to 'BBB' from 'BBB-', and the short-term and commercial paper rating to 'A-2' from 'A-3'. The outlook is stable, reflecting the company's improving operating trends and our expectation that the company will continue to improve credit measures and maintain strong liquidity. NEW YORK (Standard&Poor's) March 29, 2013--Standard&Poor's Ratings Services today raised its ratings on Benton Harbor, Mich.-based Whirlpool Corp., including the long-term corporate credit rating to 'BBB' from 'BBB-'. At

  
Brief Excerpt:

RESEARCH Whirlpool Corp. Upgraded To '###' On Better Operating Performance And Credit Measures; Outlook Stable Publication date: 29-Mar-2013 Primary Credit Analyst: Rick R Joy, New York (1) 212-438-1310; rick_joy@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
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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. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable" Mar 29, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Upgraded-To-BBB-On-Better-Operating-Performance-And-Credit-Measures-Outlook-Stable-1106562>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp. Upgraded To 'BBB' On Better Operating Performance And Credit Measures; Outlook Stable Mar 29, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-Upgraded-To-BBB-On-Better-Operating-Performance-And-Credit-Measures-Outlook-Stable-1106562>
  
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