01—Abstract
Summary
Summary of the 8-K filed February 9, 2026. Cited figures are marked; the original filing is the authoritative source.
Western Digital Corporation (WDC) has announced the full redemption of its 4.750%a Senior Notes due 2026.
The company issued a conditional notice of redemption on January 5, 2026, followed by a formal notice from the Trustee on January 6, 2026. Importantly, WDC deposited the necessary funds to cover the principal and accrued interest on February 5, 2026, which has now satisfied and discharged its obligations under the associated indenture. This action effectively releases WDC and its guarantors from all liabilities related to these specific senior notes.
Investors holding these Notes should have received or will receive their principal repayment along with any accrued interest up to the redemption date. The successful redemption and discharge indicate WDC's ability to manage its debt obligations and improve its capital structure by retiring an upcoming debt maturity.
02—Key points
Key Highlights
- WDC has completed the full redemption of its 4.750% Senior Notes due 2026.
- The redemption process was initiated with a conditional notice on January 5, 2026, and a formal notice on January 6, 2026.
- Sufficient funds were deposited on February 5, 2026, to cover the principal and accrued interest for all outstanding Notes.
- WDC's obligations under the indenture related to these notes have been satisfied and discharged.
- Guarantors of the Notes have also been discharged from their obligations.
- This action retires a significant debt maturity, potentially impacting the company's debt profile and leverage ratios.
03—Questions
Frequently Asked Questions
What is the significance of the senior notes redemption for Western Digital?
The redemption signifies that Western Digital has successfully retired its 4.750% Senior Notes due 2026. This means the company has met its debt obligations for these notes, and its liabilities related to them have been discharged. It can be viewed as a proactive debt management strategy, potentially simplifying the company's capital structure.
What should investors who held these 4.750% Senior Notes due 2026 expect?
Investors who held these notes should have received, or will shortly receive, the full principal amount of their investment plus any accrued and unpaid interest up to, but not including, the redemption date. The deposit of funds by WDC ensures these payments are made.
When was the redemption officially completed?
The redemption was effectively completed on February 5, 2026, when Western Digital deposited sufficient funds with the Trustee to cover the redemption price, including accrued interest. This action led to the satisfaction and discharge of the indenture on the same date.
Does this redemption have any impact on Western Digital's other debt or financial obligations?
This specific filing only addresses the 4.750% Senior Notes due 2026. While it discharges WDC's obligations under that particular indenture, it does not directly impact other existing debt instruments or financial commitments of the company unless specific cross-default or covenants were tied to this particular issuance, which is not detailed in this filing.
04—Continue