Whirlpool files $800M mixed securities shelf

Whirlpool (WHR) announced the launch of concurrent separate underwritten public offerings of (i) shares of common stock, par value $1.00 per share and (ii) depositary shares, each representing a 1/20th interest in a share of newly issued Series A Mandatory Convertible Preferred Stock, par value $1.00 per share. The aggregate proceeds from the Offerings are anticipated to be $800M. Wells Fargo Securities, J.P. Morgan Securities and Citigroup Global Markets Inc. are acting as lead joint bookrunning managers for the Offerings. BNP Paribas Securities Corp. and Mizuho Securities USA are acting as joint bookrunning managers for the Offerings. Scotia Capital is also acting as a joint bookrunning manager for the offering of the Depositary Shares and a co-manager for the offering of the Common Stock.