Western Digital to exchange $191.0 million of 3.00% Convertible Senior Notes due 2028 for cash and stock
On August 26, 2026, Western Digital Corporation entered into privately negotiated exchange agreements with certain holders of its 3.00% Convertible Senior Notes due 2028. The Company will exchange approximately $191.0 million aggregate principal amount of Notes for approximately $192.7 million in cash and a number of common shares corresponding to the remaining conversion value. The Exchange Transactions are expected to close on or after September 2, 2026, subject to customary closing conditions, and the Exchang...
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