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Alliance Laundry's Credit Rating Soars to 'BB-'

Summary

  • S&P Global Ratings upgraded Alliance Laundry's credit rating to 'BB-' from 'B+'.
  • The upgrade reflects Alliance's reduced leverage and strong operating performance.
  • A positive outlook suggests potential for further ratings improvement.
Alliance Laundry's Credit Rating Soars to 'BB-'

Alliance Laundry Holdings Inc. has received a credit rating upgrade to 'BB-' from 'B+' by S&P Global Ratings. This enhancement, effective September 02, 2026, recognizes the company's successful deleveraging strategy and consistent strong operating performance.

S&P noted Alliance's improved leverage, driven by sales and EBITDA growth in the second quarter of 2026, alongside a $50 million debt reduction during that period. The agency assigned a positive outlook, indicating that Alliance's credit rating could rise further if it sustains its growth and financial discipline.

This S&P upgrade follows a similar positive action from Moody's Ratings, underscoring Alliance's solid financial standing and consistent cash flow generation. Alliance Laundry is a global leader in commercial laundry systems, operating under brands like Speed Queen® and UniMac® across approximately 150 countries.

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