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Moody’s Lifts Alliance Laundry Credit Rating to B1

A steady reduction in corporate debt and sustained global market dominance have prompted Moody’s Ratings to elevate Alliance Laundry Holdings’ corporate family rating from B2 to B1. This adjustment, mirroring a recent move by S&P Global Ratings, signals increased financial stability for the Wisconsin-based commercial equipment manufacturer.

Moody’s Lifts Alliance Laundry Credit Rating to B1
Photo: Bio & News

The credit upgrade directly impacts the company’s bottom line by triggering a 25-basis-point reduction in borrowing costs on its senior secured term loan. According to CFO Dean Nolden, the move validates the firm's focus on operational discipline and aggressive deleveraging while maintaining consistent organic growth.

Alliance, which operates across 150 countries with a workforce exceeding 4,000, maintains its market position through brands including Speed Queen, UniMac, and Huebsch. By reinforcing its balance sheet, the company intends to increase its financial flexibility to support long-term expansion strategies. The rating upgrade applies to both the corporate family rating and the company’s senior secured first lien credit facilities.

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