Western Digital calls $109.5M of 3.00% convertible notes due 2028 for Nov. 16 redemption

WESTERN DIGITAL CORP

Redemption of all $109,505,000 outstanding 3.00% Convertible Senior Notes due 2028 on Nov 16, 2026 at 100% of principal plus accrued interest.
Conversion window open until 5:00 p.m. NY time Nov 12, 2026; conversion rate 26.5231 shares per $1,000 principal; no conversion rate increase.
Cash percentage of 0% elected; Western Digital pays cash up to principal amount converted, remainder settled in common stock shares.
Company expects substantially all Notes will convert; no capped-call settlement or modification anticipated in connection with redemption.
After redemption all Notes retired; interest ceases to accrue after Nov 16, 2026; trustee is U.S. Bank Trust Company.

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