debt
confidence high
sentiment neutral
materiality 0.10
Western Digital subsidiary guarantees 2024 convertible notes
WESTERN DIGITAL CORP
- Western Digital Technologies, Inc. executed a second supplemental indenture on Oct 10, 2023.
- WDT guarantees Western Digital's 1.50% Convertible Senior Notes due 2024.
- Guarantee remains in effect only while WDT guarantees the 4.750% Senior Notes due 2026.
- Guarantee will be automatically released when no longer required under the indenture.