05.03.2015 17:31:00

Mohawk Industries, Inc. -- Moody's upgrades Mohawk's rating to Baa2; outlook is stable

New York, March 05, 2015 -- Moody's Investors Service upgraded Mohawk Industries, Inc.'s ("Mohawk") senior unsecured rating to Baa2 from Baa3 reflecting its expectation that Mohawk's operating performance, credit metrics and credit profile will improve and that a strong credit profile will be sustained in a reasonable economic downturn. Moody's also upgraded Mohawk's commercial paper rating to Prime-2 from Prime-3. The rating outlook is stable.

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