Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating - S&P Global Ratings’ Credit Research

Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating

Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating - S&P Global Ratings’ Credit Research
Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating
Published Nov 06, 2014
Published Nov 06, 2014
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Abstract:

NEW YORK (Standard&Poor's) Nov. 6, 2014--Standard&Poor's Ratings Services said today it assigned its 'A-2' commercial paper rating to Whirlpool Corp.'s proposed $1 billion (or its equivalent in another currency) commercial paper program. The program will be issued by Whirlpool and its wholly-owned subsidiary, Whirlpool Europe B.V. Whirlpool has indicated borrowings under the program will be used for general corporate purposes. In addition, the 'A-2' rating remains unchanged for the company's U.S. commercial paper program, which is increasing in size by $250 million to $1.5 billion. The corporate credit rating on Whirlpool is 'BBB', with a stable outlook. The rating is derived from our 'bbb' anchor, which reflects our assessment of the company's business risk profile as

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Household Appliances (25201040)
Sector
Global Issuers , Structured Finance
Country
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating" Nov 06, 2014. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-s-Proposed-European-Commercial-Paper-Program-Assigned-A-2-Rating-1368020>
  
APA:
S&P Global Ratings’ Credit Research. (). Whirlpool Corp.'s Proposed European Commercial Paper Program Assigned 'A-2' Rating Nov 06, 2014. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Whirlpool-Corp-s-Proposed-European-Commercial-Paper-Program-Assigned-A-2-Rating-1368020>
  
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