...NEW YORK (Standard & Poor's) Oct. 30, 2014--Standard & Poor's Ratings Services said today it assigned its '###' senior unsecured debt rating to Whirlpool Corp.'s proposed $650 million senior unsecured notes consisting of a three-year and 10.5-year tranches (actual amounts and maturity dates to be finalized at the close of the transaction). The company will issue the notes off of its Rule 415 universal shelf registration for debt securities. Whirlpool intends to use the net proceeds of this offering for the repayment of short-term debt used to fund recent acquisitions. The corporate credit rating on Whirlpool is '###', with a stable outlook. The rating is derived from our '###' anchor, which reflects our assessment of the company's business risk profile as "satisfactory" and financial risk profile as "intermediate", as modifiers had no impact on the rating outcome. Key credit factors considered in the company's business risk profile includes the company's strong market position as the largest...
