Alliance Receives Credit Ratings Upgrade from Moody's

Rhea-AI Summary

Alliance (NYSE: ALH) reported that Moody's upgraded its corporate family rating to B1 from B2, along with its senior secured first lien revolver and term loan. The upgrade, supported by deleveraging, organic growth and strong cash flow, cuts term-loan borrowing costs by 25 basis points, improving financial flexibility.

Positive

• Moody's corporate family rating raised to B1 from B2
• Senior secured revolver and term loan also upgraded to B1
• Term-loan borrowing costs decrease by 25 basis points, enhancing financial flexibility

Negative

• None.

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In the Jun 29 session, ALH declined 0.76%, reflecting a mild negative market reaction.

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Upgrade supported by Alliance's consistent deleveraging, steady organic growth and solid market position as leading manufacturer of commercial laundry equipment globally

RIPON, Wis., June 29, 2026 /PRNewswire/ -- Alliance Laundry Holdings Inc. (NYSE: ALH) ("Alliance" or the "Company"), the world's premier provider of commercial laundry systems, today announced that Moody's Ratings ("Moody's") has upgraded the Company's corporate family rating (CFR) to B1 from B2. Concurrently, Moody's upgraded Alliance's senior secured first lien revolving credit facility and senior secured first lien term loan to B1 from B2.

"This upgrade reflects the operational and financial discipline of our team as Alliance has demonstrated its ability to drive growth and deleverage at the same time," said Dean Nolden, Chief Financial Officer of Alliance. "Strengthening our balance sheet is a key element of our capital allocation strategy, and this upgrade is a testament to Alliance's consistent free cash flow and our commitment to thoughtful capital allocation."

As a result of the credit upgrade, as well as the previous upgrade from S&P Global Ratings, Alliance's borrowing costs under its credit agreement will decrease 25 basis points on its term loan. This further enhances the Company's financial flexibility as it continues to reduce leverage and execute on its long-term growth strategy. Moody's upgrade recognizes Alliance's leverage reduction and is supported by Alliance's solid operating performance and continued strong cash flow.

About Alliance Laundry

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®, UniMac®, Huebsch®, Primus® and IPSO®. Together, they present a full line of commercial washing machines, dryers, and ironers (with load capacities from 20–400 lb. or 9–180 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® washers and dryers.

For more information, visit www.alliancelaundry.com.

Investor/Media Contact
Tom Gelston
Vice President, Investor Relations
thomas.gelston@alliancels.com 

Media Contact:
Randy Radtke
Senior Manager of Content and Creative Services
randy.radtke@alliancels.com 

View original content:https://www.prnewswire.com/news-releases/alliance-receives-credit-ratings-upgrade-from-moodys-302812755.html

SOURCE Alliance Laundry Systems

FAQ

What credit rating upgrade did Moody's give Alliance (NYSE: ALH) on June 29, 2026?

Moody's upgraded Alliance's corporate family rating to B1 from B2 on June 29, 2026. According to Alliance, Moody's also raised the ratings on its senior secured revolver and term loan, reflecting deleveraging, solid operating performance and strong cash flow.

How does Moody's B1 rating upgrade affect Alliance's borrowing costs on its term loan (ALH)?

The Moody's upgrade reduces Alliance's term-loan borrowing costs by 25 basis points under its credit agreement. According to Alliance, this cost reduction, combined with a prior S&P upgrade, improves financial flexibility as the company continues deleveraging and executing its long-term growth strategy.

Why did Moody's upgrade Alliance's credit ratings to B1 (ALH) in 2026?

Moody's based the upgrade on Alliance's leverage reduction, steady organic growth and solid market position. According to Alliance, the decision also reflects consistent free cash flow, solid operating performance and the company's focus on strengthening its balance sheet through disciplined capital allocation.

Which Alliance debt facilities were upgraded to B1 by Moody's (NYSE: ALH)?

Moody's upgraded Alliance's senior secured first lien revolving credit facility and senior secured first lien term loan to B1. According to Alliance, these facility upgrades accompany the corporate family rating increase and contribute to lower term-loan borrowing costs and greater financial flexibility.

What does the Moody's credit rating upgrade mean for Alliance investors (ALH)?

The upgrade signals improved credit quality and slightly lower borrowing costs for Alliance's term loan. According to Alliance, the 25-basis-point reduction supports ongoing deleveraging, enhances financial flexibility, and aligns with management's focus on strong free cash flow and disciplined capital allocation.