WHIRLPOOL CORP /DE/ 8K

Whirlpool Corporation is upsizing and pricing a $2.0 billion private offering of senior secured second lien notes to refinance existing notes and its unsecured revolver in connection with a new asset-based credit facility.

On June 2, 2026, Whirlpool Corporation announced that it has upsized and priced a private offering of $2.0 billion in senior secured second lien notes, comprising $1.0 billion of 7.500% notes due July 1, 2031 and $1.0 billion of 7.875% notes due July 1, 2034, with closing expected on June 16, 2026 subject to the closing of a new asset-based revolving credit facility and customary conditions. The company intends to use the net proceeds, together with borrowings under the new ABL credit facility, to fund a tender offer and consent solicitation for its 1.250% Senior Notes due 2026 and 1.100% Senior Notes due 2027 issued by Whirlpool Finance Luxembourg S.à r.l., satisfy and discharge any remaining outstanding notes under the related indenture, repay amounts outstanding under its existing unsecured revolving credit facility, and pay related fees and expenses. The new notes will be unregistered, guaranteed on a joint and several basis by certain domestic and Canadian subsidiaries that are borrowers or guarantors under the ABL facility, and secured on a second‑priority basis by substantially the same collateral that secures the ABL facility on a first‑priority basis, with certain assets such as domestic manufacturing facilities and subsidiary equity interests excluded from the collateral package.

Filing Facts

CIK

106640

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-253896

Alert Tier

7