{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-311796","form_type":"8-K","ticker":"WDC","cik":"0000106040","company_name":"WESTERN DIGITAL CORP","filed_at":"2022-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.464899+00:00","generated_at":"2026-06-20T23:13:44.164347+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"medium","headline":"Western Digital Amends Loan Agreement to Ease Leverage Covenants Through Q3 FY2024","bullets":["Amendment No. 1 to Amended and Restated Loan Agreement dated Jan 7, 2022, effective Dec 23, 2022.","Modifies leverage ratio covenant requirements through fiscal quarter ending Sep 27, 2024.","Limits incurrence of Priority Debt during the Covenant Relief Period.","Requires certain subsidiaries to provide guarantees under the Loan Agreement during any Guarantee Period.","Consent fee of 0.10% paid to lenders consenting by Dec 22, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-311796","json":"https://secwatch.observer/filing/0001193125-22-311796.json","markdown":"https://secwatch.observer/filing/0001193125-22-311796.md","text":"https://secwatch.observer/filing/0001193125-22-311796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/106040/000119312522311796/0001193125-22-311796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/106040/000119312522311796/d438737d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T23:13:44.164347+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f4125226d8a5981d9fdb2722a0bbf32ef0deb965","claim":"WESTERN DIGITAL CORP amended Amendment No. 1 (effective 2022-12-23).","evidence_excerpt":"On December 23, 2022, Western Digital Corporation (the “Company”) entered into a first amendment (the “Amendment No. 1”) to the Company’s Amended and Restated Loan Agreement, dated as of January 7, 2022 (as amended, the “Loan Agreement”), which, among other changes, (a) modifies the leverage ratio requirements of the financial covenant through the Company’s fiscal quarter ending September 27, 2024, (b) limits the incurrence of Priority Debt (as defined in the Loan Agreement) during the Covenant Relief Period (as defined in the Loan Agreement) and (c) requires certain subsidiaries of the Company to provide guarantees under the Loan Agreement during any Guarantee Period (as defined in the Loan Agreement) to the extent the conditions for providing such guarantees are met during the Covenant Relief Period.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/106040/000119312522311796/0001193125-22-311796-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Effective","value":"2022-12-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}