WESTERN DIGITAL CORP 8-K
Research Summary
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Western Digital Corp. Redeems 4.75% Senior Notes, Discharges Indenture
What Happened Western Digital Corporation announced it completed a full redemption of its 4.750% Senior Notes due 2026 (CUSIP 958102AM7). The company issued a conditional notice of redemption on January 5, 2026; the trustee (U.S. Bank, N.A.) sent the conditional redemption notice to holders on January 6, 2026; and on February 5, 2026 the company deposited sufficient funds with the trustee to pay the redemption price (including accrued interest) and thereby satisfied and discharged the indenture dated February 13, 2018. Upon discharge of the indenture, the guarantors were released from their obligations under the notes and guarantees.
Key Details
- Security: 4.750% Senior Notes due 2026 (CUSIP 958102AM7).
- Timeline: conditional notice issued Jan 5, 2026; trustee notice Jan 6, 2026; funds deposited and indenture discharged Feb 5, 2026.
- Trustee/Indenture: Notes issued under the Indenture dated Feb 13, 2018; trustee was U.S. Bank, National Association.
- Effect: entire outstanding principal of the Notes was redeemed and the guarantors were discharged from their obligations.
Why It Matters This action eliminates Western Digital’s outstanding 4.750% 2026 notes and the related contractual obligations under the indenture and guarantees. For investors, that means the company no longer carries this specific debt on its books and will stop incurring interest expense on these notes going forward; it also simplifies the company’s capital structure by removing the indenture and guarantees associated with these securities.