$3.0 Billion Aggregate Principal Amount of Senior Secured Bridge Loans Outstanding Repaid by Western Digital
Together with accrued interest
This is a Press Release edited by StorageNewsletter.com on July 22, 2016 at 2:57 pmAccording to a SEC filing, “On May 12, 2016, Western Digital Corporation and Western Digital Technologies, Inc. had entered into a bridge loan agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto. On July 21, 2016, the $3.0 billion aggregate principal amount of senior secured bridge loans outstanding under the Bridge Loan Agreement was repaid in full, together with accrued interest.”