Alliance Receives Credit Ratings Upgrade from S&P Global Ratings
S&P Global Ratings upgraded Alliance Laundry's issuer credit rating to 'BB-' from 'B+' and raised the rating on its senior secured first lien credit facilities to 'BB' from 'BB-', with a recovery rating of '2' and a positive outlook. The upgrade reflects continued deleveraging, with a $50 million debt paydown in the second quarter of 2026 alongside sales and EBITDA growth; it follows a previous upgrade from Moody's Ratings.
Key figures
- Outlook
- positive
- Recovery Rating
- 2
- Issuer Credit Rating
- BB- (upgraded from B+)
- Debt paydown q2 2026
- 50000000
- Secured Facility Rating
- BB (upgraded from BB-)
AI analysis
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