WDC Redeems All 3.00% Convertible Senior Notes Due 2028 on November 16, 2026
· The NYC Memo
Western Digital Corporation announced the redemption of all outstanding 3.00% Convertible Senior Notes due 2028, effective November 16, 2026. The redemption price is 100% of the principal amount, plus accrued and unpaid interest to the redemption date. Noteholders can convert their notes before November 12, 2026, at a rate of 26.5231 shares per $1,000 principal amount, with conversions settled in cash for principal and shares for any remainder, using a 0% cash percentage.