{"id":999770,"date":"2026-09-02T08:59:43","date_gmt":"2026-09-02T12:59:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alliance-receives-credit-ratings-upgrade-from-sp-global-ratings\/"},"modified":"2026-09-02T08:59:43","modified_gmt":"2026-09-02T12:59:43","slug":"alliance-receives-credit-ratings-upgrade-from-sp-global-ratings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alliance-receives-credit-ratings-upgrade-from-sp-global-ratings\/","title":{"rendered":"Alliance Receives Credit Ratings Upgrade from S&P Global Ratings"},"content":{"rendered":"

<\/p>\n

Alliance Receives Credit Ratings Upgrade from S&P Global Ratings<\/b><\/p>\n

Upgrade to \u2018BB-\u2019 reflects Alliance\u2019s lower leverage, strong operating performance and continued deleveraging as leading manufacturer of commercial laundry equipment globally<\/i><\/p>\n

RIPON, Wis.–(BUSINESS WIRE<\/a>)–
\nAlliance Laundry Holdings Inc. (NYSE: ALH) (\u201cAlliance\u201d or the \u201cCompany\u201d), the world\u2019s premier provider of commercial laundry systems, today announced that S&P Global Ratings (\u201cS&P\u201d) has upgraded the Company\u2019s issuer credit rating to \u2018BB-\u2019 from \u2018B+\u2019. Concurrently, S&P upgraded its issue-level rating on Alliance\u2019s senior secured first lien credit facilities to \u2018BB\u2019 from \u2018BB-\u2019, with a recovery rating of \u20182\u2019. S&P assigned a positive outlook to the ratings.<\/p>\n

\n\u201cThis upgrade is a direct result of the disciplined execution our team delivers day in and day out, growing the business while steadily reducing leverage,\u201d said Dean Nolden, Chief Financial Officer of Alliance. \u201cA stronger balance sheet sits at the heart of our capital allocation approach, and this recognition underscores the durability of our free cash flow and our disciplined, deliberate deployment of capital.\u201d<\/p>\n

\nThe upgrade recognizes Alliance\u2019s continued deleveraging, with S&P Global Ratings-adjusted leverage improving on the strength of sales and EBITDA growth in the second quarter of 2026, as well as the $50 million debt paydown during the quarter. S&P noted that the positive outlook reflects the potential for further ratings improvement over the next 12 months if Alliance sustains steady sales and EBITDA growth alongside prudent financial policies. S&P\u2019s action follows the Company\u2019s previous upgrade from Moody\u2019s Ratings, reflecting Alliance\u2019s solid operating performance and continued strong cash flow.<\/p>\n

About Alliance Laundry
\n
<\/b>Alliance Laundry makes the world cleaner as a provider of the highest quality commercial laundry systems. Our laundry solutions are available under five respected brands, sold and supported by a global network of select distributors. We serve approximately 150 countries with a team of more than 4,000 employees. Our brands include Speed Queen\u00ae, UniMac\u00ae, Huebsch\u00ae, Primus\u00ae and IPSO\u00ae. Together, they present a full line of commercial washing machines, dryers, and ironers (with load capacities from 20\u2013400 lb. or 9\u2013180 kg.) and support service. You can also enjoy the superior wash and fabric care of commercial-grade laundry equipment in your home through our legendary Speed Queen\u00ae washers and dryers.<\/p>\n

For more information, visit www.alliancelaundry.com<\/a>.<\/i><\/p>\n

Forward-Looking Statements
\n
<\/b>This release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the potential for further ratings improvement, expected sales, EBITDA, and cash flow performance, financial policies, and other statements by Company management that are not statements of historical fact. Words such as \u201coutlook,\u201d \u201cpotential,\u201d \u201cexpects,\u201d \u201cbelieves,\u201d \u201canticipates,\u201d \u201cmay,\u201d and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions and are subject to risks and uncertainties, including those described in the Company’s filings with the Securities and Exchange Commission, that could cause actual results to differ materially. Alliance undertakes no obligation to update any forward-looking statement except as required by law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260902932188\/en\/<\/a><\/span><\/p>\n

Investor Contact
\n<\/b>
Tom Gelston
\n
Vice President, Investor Relations
\n
thomas.gelston@alliancels.com<\/a><\/p>\n

Media Contact:
\n<\/b>
Randy Radtke
\n
Senior Manager of Content and Creative Services
\n
randy.radtke@alliancels.com<\/a><\/p>\n

KEYWORDS:<\/b> Wisconsin United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Retail Other Retail Home Goods Manufacturing Specialty Other Manufacturing Machinery<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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Alliance Receives Credit Ratings Upgrade from S&P Global Ratings Upgrade to \u2018BB-\u2019 reflects Alliance\u2019s lower leverage, strong operating performance and continued deleveraging as leading manufacturer of commercial laundry equipment globally RIPON, Wis.–(BUSINESS WIRE)– Alliance Laundry Holdings Inc. (NYSE: ALH) (\u201cAlliance\u201d or the \u201cCompany\u201d), the world\u2019s premier provider of commercial laundry systems, today announced that S&P Global Ratings (\u201cS&P\u201d) has upgraded the Company\u2019s issuer credit rating to \u2018BB-\u2019 from \u2018B+\u2019. Concurrently, S&P upgraded its issue-level rating on Alliance\u2019s senior secured first lien credit facilities to \u2018BB\u2019 from \u2018BB-\u2019, with a recovery rating of \u20182\u2019. S&P assigned a positive outlook to the ratings. \u201cThis upgrade is a direct result of the disciplined execution our team delivers day in and day out, growing … <\/p>\n

Continue reading “Alliance Receives Credit Ratings Upgrade from S&P Global Ratings”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-999770","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAlliance Receives Credit Ratings Upgrade from S&P Global Ratings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alliance-receives-credit-ratings-upgrade-from-sp-global-ratings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alliance Receives Credit Ratings Upgrade from S&P Global Ratings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Alliance Receives Credit Ratings Upgrade from S&P Global Ratings Upgrade to \u2018BB-\u2019 reflects Alliance\u2019s lower leverage, strong operating performance and continued deleveraging as leading manufacturer of commercial laundry equipment globally RIPON, Wis.–(BUSINESS WIRE)– Alliance Laundry Holdings Inc. (NYSE: ALH) (\u201cAlliance\u201d or the \u201cCompany\u201d), the world\u2019s premier provider of commercial laundry systems, today announced that S&P Global Ratings (\u201cS&P\u201d) has upgraded the Company\u2019s issuer credit rating to \u2018BB-\u2019 from \u2018B+\u2019. Concurrently, S&P upgraded its issue-level rating on Alliance\u2019s senior secured first lien credit facilities to \u2018BB\u2019 from \u2018BB-\u2019, with a recovery rating of \u20182\u2019. 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(NYSE: ALH) (\u201cAlliance\u201d or the \u201cCompany\u201d), the world\u2019s premier provider of commercial laundry systems, today announced that S&P Global Ratings (\u201cS&P\u201d) has upgraded the Company\u2019s issuer credit rating to \u2018BB-\u2019 from \u2018B+\u2019. Concurrently, S&P upgraded its issue-level rating on Alliance\u2019s senior secured first lien credit facilities to \u2018BB\u2019 from \u2018BB-\u2019, with a recovery rating of \u20182\u2019. 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