Whirlpool Corp.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative - S&P Global Ratings’ Credit Research

Whirlpool Corp.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative

Whirlpool Corp.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative - S&P Global Ratings’ Credit Research
Whirlpool Corp.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative
Published Feb 08, 2006
612 words — Published Feb 08, 2006
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Abstract:

NEW YORK (Standard&Poor's) Feb. 8, 2006--Standard&Poor's Ratings Services assigned its preliminary 'BBB+' senior unsecured debt rating to home appliance manufacturer Whirlpool Corp.'s Rule 415 shelf registration of debt securities. (The registration includes a prior shelf registration by Whirlpool for $425 million of debt.) This rating is placed on CreditWatch with negative implications. Whirlpool's ratings, including its 'BBB+' long-term corporate credit rating and 'A-2' short-term rating, remain on CreditWatch with negative implications. The ratings were initially placed on CreditWatch with negative implications July 18, 2005, following the company's announcement that it made a proposal to acquire Maytag Corp. for $17 per share, plus the assumption of debt, for a transaction value of $2.3 billion. Then, on August

  
Brief Excerpt:

RESEARCH Whirlpool Corp.'s New Shelf Rated Preliminary '###+', Ratings Remain On Watch Negative Publication date: 08-Feb-2006 NEW YORK (Standard & Poor's) Feb. 8, 2006--Standard & Poor's Ratings Services assigned its preliminary '###+'...

  
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.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative" Feb 08, 2006. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-s-New-Shelf-Rated-Preliminary-BBB-Ratings-Remain-On-Watch-Negative-491971>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp.'s New Shelf Rated Preliminary 'BBB+', Ratings Remain On Watch Negative Feb 08, 2006. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-s-New-Shelf-Rated-Preliminary-BBB-Ratings-Remain-On-Watch-Negative-491971>
  
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