NasdaqGS:WDCTech
Did Debt Paydown and G-DRIVE Relaunch Just Recast Western Digital's (WDC) Post-SanDisk Identity?
Western Digital recently redeemed in full its 2.850% Senior Notes due 2029 and 3.100% Senior Notes due 2032 after repaying related secured debt, while also monetizing about US$3.17 billion of its SanDisk stake to reduce borrowings and simplify its balance sheet.
At the same time, the company re-launched G-DRIVE as the single brand for its creative professional storage lineup, signaling a clearer focus on data‑center HDDs and creator workflows after its separation into a standalone hard drive...