Recent Updates — WHR
Whirlpool Corporation announced the closure of its Supsa manufacturing facility in Apodaca, Mexico, expected to be complete by the second quarter of 2027. Production will be transferred to the Ramos Arizpe facility and other network sites to optimize the refrigeration product category's cost structure. The company estimates total restructuring costs of $165 million, consisting of $95 million in asset impairments, $30 million in employee-related costs, and $40 million in other expenses. Approximately $70 million of these costs will require future cash expenditures. The company expects to incur $100 million of the total costs and $15 million of the cash expenditures in 2026. Whirlpool Corporation is a global manufacturer of home appliances.
On June 18, 2026, Whirlpool Finance Luxembourg S.à r.l. entered into a First Supplemental Indenture to amend the terms of its 1.100% Notes due 2027. The amendment replaces references to "one year" with "two years" in Section 10.01, accelerating the issuer's ability to satisfy and discharge the indenture. This follows a tender offer and consent solicitation where €546,715,000 in principal, approximately 91.12% of the outstanding notes, were tendered as of June 12, 2026, providing the necessary consents for the change. Whirlpool Corporation operates in the home appliance industry, designing and manufacturing household appliances.
Whirlpool Corporation issued $1.0 billion in 7.500% Senior Secured Second Lien Notes due 2031 and $1.0 billion in 7.875% Senior Secured Second Lien Notes due 2034. The company also entered into a $2.0 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent. Proceeds will be used to pay for the concurrent tender offer and consent solicitation of its 1.250% and 1.100% senior notes due 2026 and 2027. Whirlpool Corporation is a manufacturer of home appliances.