WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 210.78

-7.1%

10:22 AM EST

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To: Art Bechhoefer who wrote (3487)	1/29/2018 6:20:42 PM
From: reddy_s	Read Replies (2) of 4828

I am guessing the new issue interest rate should be less than 5% given that WDC has BB+ rating. They would be saving about $200 mil per year in interest payments because of replacing their 10.5% rate $3.35 billion note and 7.375% rate $1.875 billon note. ycharts.com

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