Moody’s Lifts Alliance Laundry Credit Rating to B1

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.