Western Digital to redeem USD 109,505,000 of 3% convertible notes due 2028 on Nov. 16

Reuters2026/09/14 12:02

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Western Digital will redeem all outstanding 3.00% Convertible Senior Notes due 2028, totaling $109.51 million principal.
Redemption set for Nov. 16, 2026 at 100% of principal, with accrued and unpaid interest to, excluding, the redemption date.
Holders can convert notes until Nov. 12, 2026; conversion rate is 26.5231 shares per $1,000 principal.
Company expects most holders to convert; it plans to pay cash up to principal, settling any excess conversion value in shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Digital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-389859), on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Western Digital to redeem USD 109,505,000 of 3% convertible notes due 2028 on Nov. 16

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