Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Whirlpool Corp. > News item |
Whirlpool to offer fixed-rate senior notes via six bookrunners
By Devika Patel
Knoxville, Tenn., April 26 – Whirlpool Corp. plans to sell fixed-rate senior notes, according to a 424B3 filing with the Securities and Exchange Commission.
The notes have a make-whole call and then a par call.
BNP Paribas Securities Corp., BofA Securities Inc., J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Citigroup Global Markets Inc. and Mizuho Securities USA Inc. are the bookrunners.
Proceeds will be used to repay in full at maturity $300 million of the company’s 4.85% senior notes due June 15, 2021. Proceeds will also be used within three years for “eligible projects” that provide eco-efficient products; support renewable energy or energy efficiency; or fund green buildings, pollution prevention and control, socioeconomic advancement and empowerment, or access to basic infrastructure.
Whirlpool is a Benton Harbor, Mich.-based appliance maker.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.