TEXT - Fitch rates Mohawk Industries
Dec 21 - Fitch Ratings has assigned initial credit ratings to Mohawk Industries, Inc. (NYSE: MHK) as follows: --Issuer Default Rating (IDR) 'BBB-'; --Unsecured revolving credit facility 'BBB-'; --Unsecured term loan facility 'BBB-'; --Senior unsecured notes 'BBB-'. The Rating Outlook is Stable. The rating for Mohawk reflects the company's leading market position in most of its major business segments, strong brand recognition, and end-market diversity. Risks include the cyclicality of the co
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