Western Digital Corporation (NASDAQ:WDC) Files An 8-K Other Events
Item8.01Other Events.
On February7, 2017, Western Digital Corporation (the Company)
issued a press release announcing the results of the Companys
registered exchange offer for all of its outstanding 10.500%
Senior Notes due 2024 (the Initial Notes), which were not
registered under the Securities Act of 1933, as amended (the
Securities Act), for an equal principal amount of its 10.500%
Senior Notes due 2024, which have been registered under the
Securities Act. The exchange offer commenced on January6, 2017
and expired at 5:00 p.m., Eastern time, on February6, 2017.
U.S. Bank National Association, acting as exchange agent for the
exchange offer, advised the Company that $3,332,119,000 of the
$3,350,000,000 aggregate principal amount of the Initial Notes
have been validly tendered for exchange, representing 99.4662% of
the principal amount of the outstanding Initial Notes. The
Company accepted all of the Initial Notes validly tendered and
not withdrawn.
The press release announcing the results of the exchange offer is
filed herewith as Exhibit 99.1, and is incorporated by reference
herein.
| Item9.01Financial | Statements and Exhibits. |
| (d) | Exhibits | |
|
99.1Press release dated February7, 2017. |
About Western Digital Corporation (NASDAQ:WDC)
Western Digital Corporation (Western Digital) is a developer, manufacturer and provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The Company’s portfolio of offerings addresses three categories: Datacenter Devices and Solutions (capacity and performance enterprise hard disk drives (HDDs), enterprise solid state drives (SSDs), datacenter software and system solutions); Client Devices (mobile, desktop, gaming and digital video hard drives, client SSDs, embedded products and wafers), and Client Solutions (removable products, hard drive content solutions and flash content solutions). The Company develops and manufactures a portion of the recording heads and magnetic media used in its hard drive products. Western Digital Corporation (NASDAQ:WDC) Recent Trading Information
Western Digital Corporation (NASDAQ:WDC) closed its last trading session 00.00 at 78.94 with 2,307,417 shares trading hands.
