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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (60030)3/30/2016 2:06:52 PM
From: SiliconAlley  Respond to of 60323
 
The final rate will be in the best interest of both the borrower and lender, as that is where a transaction will take place. Are you suggesting that a transaction could have occurred at a lower rate, but the rate is being raised for the benefit of a particular class?



To: Art Bechhoefer who wrote (60030)3/30/2016 11:43:31 PM
From: SiliconAlley  Read Replies (1) | Respond to of 60323
 
Well, the news release has been issued, not too long after you posted your message, and it is in fact a Senior Secured Note at 7.375% per annum.

I would note that you do seem to take contradictory views here. On the one hand you have stated how valuable SanDisk is, and suggest that WDC is purchasing at a bargain price. Yet you believe debt that facilitates this bargain purchase is not in the interest of WDC shareholders.