Thread regarding Western Digital Corp. layoffs

WD Debt

Seagate already started refinancing $0.45B of debt maturing 2022/2023 (relatively short term) to reduce risks.

WD has $7.26B debt due in early 2023 (and another $3.4B due in the 2024 and 2026). One will be a fool to sleep well on this massive amount of debt due pretty shortly in 2023. Debt will the main factor that will sink WD.

NAND pricing relief is only temporary. With Chinese NAND (64-layer) online, NAND price will be under pressure again within 2 quarters.

by Anonymous
| 2581 views | | 5 replies (last September 10, 2019) | Reply
Post ID: @OP+10S1v22T
Comment! It's anonymous!

5 replies (most recent on top)

They'll just refinance the debt. Might require a higher interest rate though.

by Anonymous
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Post ID: @6aur+10S1v22T

Debt in current macro climate is a blessing not a curse.

🛑 with fear mongering , enough.

by Anonymous
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Post ID: @1ntg+10S1v22T

The management has taken the risk to borrow and very satisfied with performance.

by Anonymous
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Post ID: @dsd+10S1v22T

Will you be willing to lend money to WD to refinance the debt? I won’t for sure.

You need to convince the bank.

by Anonymous
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Post ID: @jwi+10S1v22T

WD is a good company and will pay off its debt sooner than due date. Managed well and financially strong

by Anonymous
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Post ID: @wlg+10S1v22T

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