Thursday, November 30, 2017

Western Digital Announces Successful $500 Million Increase In Revolver

Western Digital Corporation today announced that it has successfully increased the size of its existing revolving credit facility by $500.0 million to $1.5 billion from $1.0 billion. The term of the upsized revolving credit facility was unchanged and will mature on April 29, 2021. Currently, there are no borrowings under the revolving credit facility. This revolving credit facility upsize provides increased flexible capacity at a favorable rate.