Pricing Supplement Dated: February 25, 2008

Rule 424(b)(3)

(To Preliminary Prospectus Supplement Dated February 20, 2008 and Prospectus Dated February 7, 2006)

Pricing Supplement No. 1

File No. 333-131627

In connection with the securities offered from the
registration statement (File No. 333-131627) by means
of this prospectus supplement, a filing fee of $19,650,
calculated in accordance with Rules 456(b) and 457(r),
is being paid with respect to $500,000,000 aggregate
initial offering price of securities being registered.

 

 


                                                                   $500,000,000

                                                5.500% Notes Due March 1, 2013

 

Issuer:

Whirlpool Corporation

Size:

$500,000,000

Interest Rate:

5.500% per annum

Interest Payment Dates:

March 1 and September 1 of each year, commencing September 1, 2008

Maturity:

March 1, 2013

Issue Price:

99.775% of the principal amount, plus accrued interest from February 28, 2008

Trade Date:

February 25, 2008

Settlement Date
(Original Issue Date):

February 28, 2008

 

Underwriter and Principal Amount:

Banc of America Securities LLC

Greenwich Capital Markets, Inc.

Citigroup Global Markets Inc.

J.P. Morgan Securities Inc.

Barclays Capital Inc.

BMO Capital Markets Corp.

Daiwa Securities America Inc.

Fortis Securities LLC

ING Financial Markets LLC

Raymond James & Associates, Inc.
 

$
$
$
$
$
$
$
$
$
$
 

185,000,000

185,000,000

35,000,000

35,000,000

10,000,000

10,000,000

10,000,000

10,000,000

10,000,000

10,000,000

 

Underwriter’s Discount:

0.60% of the principal amount

Net Proceeds to Whirlpool:


99.175% of the principal amount, plus accrued interest from February 28, 2008

Change of Control Provisions Applicable:


Yes

Optional Redemption:

None

Optional Repayment:

None

Sinking Fund:

None

CUSIP:

96332HCA5