CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded the ratings of Mohawk Industries, Inc. (Mohawk, NYSE: MHK), including the company's Issuer Default Rating (IDR), to 'BBB'. The Rating Outlook is revised to Stable from Positive. Fitch has also assigned a 'BBB' rating to Mohawk's EUR500 million 2% senior unsecured notes due 2022. A complete list of rating actions follows at the end of this release. KEY RATING DRIVERS The ratings upgrade reflects Mohawk's improving financial and credit metrics
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