Western Digital Prices Its Upsized $1.4 Billion Convertible Notes Offering
Portfolio Pulse from Benzinga Newsdesk
Western Digital has priced its upsized offering of $1.4 billion aggregate principal amount of convertible senior notes due 2028, reflecting an increase of $100 million over the previously announced offering size.
November 01, 2023 | 7:12 am
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POSITIVE IMPACT
Western Digital's upsized offering of $1.4 billion in convertible senior notes could potentially attract more investors, potentially impacting the company's stock positively in the short term.
The upsizing of Western Digital's offering indicates a potential increase in investor interest. This could lead to an increase in demand for the company's stock, potentially driving the price up in the short term.
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