Western Digital Corp., founded in 1970 and headquartered in San Jose, California, is a leading global data storage technology and solutions provider. The company specializes in hard drives, solid-state drives, and data center systems that cater to personal consumers and businesses alike, enabling efficient and reliable data management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WDC 2.85% 2029-02-01 USDWestern Digital Corp. | United States | 2029-02-01 | 2.850 | 4.71 |
| WDC 3.10% 2032-02-01 USDWestern Digital Corp. | United States | 2032-02-01 | 3.100 | 4.90 |
| WDC 4.75% 2026-02-15 USDWestern Digital Corp. | United States | 2026-02-15 | 4.750 | 5.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Western Digital began issuing bonds in 2012, with significant issuances aimed at financing acquisitions and other corporate actions. A notable example includes the $3.5 billion bond offering in 2017, which was used primarily for funding its acquisition of SanDisk. As of 2023, the company's bonds offer yields that typically align with industry standards, though some recent offerings feature unique call provisions. Investors should be aware of the current market dynamics impacting yield spreads relative to peers, particularly in the context of ongoing shifts in technology and data storage demands.