Jan 5: Western Digital issued conditional notice to redeem the entire principal of its 4.750% Senior Notes…
Filed with the SEC on · Summarized by InvestorsBot
Jan 5: Western Digital issued conditional notice to redeem the entire principal of its 4.750% Senior Notes due 2026 (CUSIP 958102AM7); Trustee sent conditional full‑redemption notice to holders via DTC on Jan 6. $WDC 🏦📄 #DebtRedemption #FixedIncome
Feb 5: WDC deposited funds with the Trustee to pay the redemption price (including accrued interest) for all outstanding 2026 notes; Indenture satisfied and discharged and guarantors released from obligations. $WDC 💵🔒 #CorporateFinance #Credit
Investor impact: WDC has removed the near‑term 4.75% 2026 maturity, ending interest accrual and reducing near‑term debt obligations (redemption amount not disclosed). 8‑K signed Feb 9 by CFO Kris Sennesael. $WDC 📉🔁 #DebtReduction #Investing