Whirlpool eyes $600 million senior notes offer in three-, 10.5-year tranches; pricing Thursday

By Aleesia Forni

Virginia Beach, Oct. 30 – Whirlpool Corp. is planning to sell a $600 million two-tranche offering of senior notes on Thursday in three- and 10.5-year tranches, according to a market source and a 424B3 filed with the Securities and Exchange Commission.

The bookrunners are Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

Proceeds will be used to repay commercial paper borrowings,

Whirlpool is a Benton Harbor, Mich.-based appliance maker.

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