Whirlpool Corporation announced that its subsidiary, Whirlpool Finance Luxembourg S.à r.l., has entered into a supplemental indenture to amend the terms governing its 1.100% Notes due 2027. The amendment, which accelerates the issuer's ability to satisfy and discharge the indenture, was approved via a consent solicitation conducted alongside a tender offer for the notes.
Key Details
- Indenture Amendment: The modification revises the satisfaction and discharge provision of the original indenture by replacing references to “one year” with “two years,” effective upon completion of the tender offer.
- Noteholder Consent: As of June 12, 2026, holders of €546.7 million in aggregate principal amount, representing approximately 91.12% of the outstanding 2027 notes, had validly tendered their notes and provided consent.
- Effective Date: The amendment was entered into on June 18, 2026, and will become operative once the company purchases all notes tendered in the associated tender offer.