Whirlpool plans $1.5B secured notes offering to refinance maturing debt

Whirlpool Corporation announced plans to issue $750 million in Senior Secured Second Lien Notes due 2031 and $750 million due 2034, with proceeds to refinance existing notes due 2026-2027 and repay revolving credit facilities. The offering represents a refinancing strategy to manage near-term debt maturities and extend the company's debt maturity profile.