Whirlpool Announces Cash Tender Offer Early Results
Whirlpool reported early results for its cash tender offer of its 2026 and 2027 Euro-denominated notes, with 73% of the 2026 notes and 91% of the 2027 notes validly tendered. The company is simultaneously issuing $2.0 billion in new USD-denominated senior secured second lien notes (7.5% due 2031 and 7.875% due 2034) to fund the repurchase of the tendered Euro debt.
Key figures
- New debt usd
- 2000000000
- Tender pct 2026
- 73.06%
- Tender pct 2027
- 91.12%
- New debt coupon 2031
- 7.500%
- New debt coupon 2034
- 7.875%
- Tendered 2026 notes eur
- 365313000
- Tendered 2027 notes eur
- 546715000
- Outstanding 2026 notes eur
- 500000000
- Outstanding 2027 notes eur
- 600000000
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.