Western Digital (NASDAQ: WDC) fully redeems 4.75% 2026 senior notes
Rhea-AI Filing Summary
Western Digital Corporation has fully redeemed its 4.750% Senior Notes due 2026. The company issued a conditional redemption notice in early January, and the trustee sent formal redemption notices to noteholders shortly thereafter.
On February 5, 2026, Western Digital deposited sufficient funds with the trustee to pay the full redemption price, including accrued and unpaid interest up to, but excluding, the redemption date. This payment satisfied and discharged all of the company’s obligations under the 2018 indenture governing the notes, and the related guarantors were released from their obligations on the notes and guarantees.
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Insights
Western Digital retires a bond issue, simplifying its debt structure.
Western Digital has completed a full redemption of its 4.750% Senior Notes due 2026. By depositing funds with the trustee to cover the redemption price plus accrued interest, the company has eliminated this specific debt instrument from its capital structure.
The filing states that the indenture governing these notes is now satisfied and discharged, and all guarantors are released from their obligations. This typically simplifies covenant management and reduces administrative complexity tied to that bond, though the broader impact depends on the size of the notes relative to total debt.
The key milestone is the satisfaction and discharge of the February 2018 indenture as of
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| Item 8.01 | Other Events. |
On January 5, 2026, Western Digital Corporation, a Delaware corporation (the “Company”), issued a conditional notice of redemption in respect of the entire aggregate principal amount outstanding of its 4.750% Senior Notes due 2026 (CUSIP No. 958102AM7) (the “Notes”), which were issued pursuant to an indenture, dated as of February 13, 2018 (the “Indenture”), among the Company, the guarantors party thereto and U.S. Bank, National Association, as trustee (the “Trustee”) (the “Redemption”). On January 6, 2026, the Trustee provided notice of conditional full redemption (the “Redemption Notice”) to the record holders of the Notes in accordance with DTC procedures.
On February 5, 2026, the Company deposited sufficient funds with the Trustee to pay the redemption price payable in respect of all outstanding Notes (including accrued and unpaid interest on the Notes to, but excluding, the redemption date).
As a consequence of the foregoing, the Company satisfied and discharged its obligations under the Indenture. Upon the satisfaction and discharge of the Indenture on February 5, 2026, the guarantors were also discharged from their respective obligations under the Notes and the guarantees thereof.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Western Digital Corporation | ||
| (Registrant) | ||
| By: | /s/ Kris Sennesael | |
| Kris Sennesael | ||
| Executive Vice President and Chief Financial Officer | ||
Date: February 9, 2026
FAQ
What did Western Digital (WDC) announce regarding its 4.750% notes due 2026?
When did Western Digital’s redemption of the 4.750% Senior Notes become effective?
How did Western Digital carry out the redemption of its 2026 senior notes?
What happened to the indenture governing Western Digital’s 4.750% Senior Notes due 2026?
Were guarantors affected by Western Digital’s redemption of the 2026 notes?
Who acted as trustee for Western Digital’s 4.750% Senior Notes due 2026?
