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Alliance Laundry Holdings LLC Announces Planned Credit Facility Refinancing


Alliance Laundry Holdings LLC (herein after Holdings or the Company) today announced that Alliance Laundry Systems LLC (the Borrower and the Company's wholly owned subsidiary) is planning to refinance its existing credit facility which is comprised of a Revolver and Term Loan B that mature in September 2015 and September 2016, respectively. The new senior secured credit facility is expected to be comprised of a Revolver and Term Loan A, and proceeds will be used to refinance the Borrower's existing credit facility, to pay a special dividend in respect of the outstanding equity interests in ALH Holding Inc., the indirect parent of Holdings, and for other general corporate purposes. Final terms and structure of the new credit facility are expected to be determined over the coming weeks.

About Alliance Laundry Holdings LLC

Alliance Laundry Holdings LLC is the parent company of Alliance Laundry Systems LLC (, a leading designer, manufacturer and marketer in North America of commercial laundry equipment used in laundromats, multi-housing laundries and on-premise laundries. Under the well-known brand names of Speed Queen®, UniMac®, Huebsch®, IPSO®, and Cissell®, we produce a full line of commercial washing machines and dryers with load capacities from 12 to 200 pounds. We have been a leader in the North American stand-alone commercial laundry equipment industry for more than ten years. With the addition of our European operations and Alliance Laundry's export sales to Europe, we believe that we are also a leader in the European stand-alone commercial laundry equipment industry.

Forward-looking Information

Certain statements contained in this news release, as well as other information provided from time to time by Alliance Laundry Holdings LLC or its employees, may contain forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward looking statements. Forward-looking statements give current expectations and projections relating to the Company's financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "confident," "may," "should," "can have," "likely," "future" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.

Any such forward looking statements are not guarantees of performance or results, and involve risks, uncertainties (some of which are beyond the Company's control) and assumptions. Although the Company believes any forward-looking statements are based on reasonable assumptions, you should be aware that many factors could cause them to differ materially from those anticipated in any forward-looking statements, including in particular (i) the Company's ability to complete, on terms satisfactory to the Company, the negotiations relating to the proposed new credit facility in a manner consistent with expectation.

Should one or more of these risks or uncertainties materialize, the Company's actual results may vary in material respects from those projected in any forward-looking statements. A detailed discussion of these and other factors that may affect future results is contained in the Company's reports, including, but not limited to our Annual Report for the year ended December 31, 2011.

Any forward-looking statement made by the Company in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Alliance Laundry Holdings LLC
Bruce P. Rounds, Vice President CFO

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