Key facts
- Whirlpool Corporation priced an offering of senior secured second lien notes.
- The offering includes $1.0 billion of 7.500% notes due 2031.
- The offering also includes $1.0 billion of 7.750% notes due 2034.
- Whirlpool Corporation is a global manufacturer and marketer of home appliances.
Whirlpool Corporation (NYSE: WHR), a global manufacturer and marketer of home appliances, announced the pricing of its offering of senior secured second lien notes. The offering consists of two tranches: $1.0 billion in aggregate principal amount of 7.500% Senior Secured Second Lien Notes due 2031, and $1.0 billion in aggregate principal amount of 7.750% Senior Secured Second Lien Notes due 2034. The total aggregate principal amount for the offering is $2.0 billion. The company's ability to access debt markets and issue secured notes is a key indicator of its financial standing and investor confidence.