Corporate debt: Whirlpool inks longest-dated bond offer after funding costs fall
Posted on February 22, 2013 at 14:46 PM EST
Whirlpool today completed a $500 million offering at levels in line with price talk, and substantially through initial whisper levels, sources said. The deal was inked as $250 million of 3.7% notes due March 2023 at T+175, or 3.724%, and $250 million of 5.15% of notes due March 2043 at T+200, or 5.174%.
Whirlpool today completed a $500 million offering at levels in line with price talk, and substantially through initial whisper levels, sources said. The deal was inked as $250 million of 3.7% notes due March 2023 at T+175, or 3.724%, and $250 million of 5.15% of notes due March 2043 at T+200, or 5.174%.
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