Wednesday, February 8, 2017

WD Announces Results of the Registered Exchange Offer for its 10.500% Senior Notes Due 2024

Western Digital Corporation today announced the results of the registered exchange offer for all of the outstanding 10.500% Senior Notes due 2024 (the "Initial Notes") issued by the Company for an equal principal amount of new 10.500% Senior Notes due 2024 (the "New Notes") issued by the Company that have been registered under the Securities Act of 1933, as amended (the "Securities Act"). The exchange offer commenced on Jan. 6, 2017, and expired at 5:00 p.m. Eastern time, on Feb. 6, 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.