Western Digital $18.4 billion financing

23/10/2015

Acquisition finance

Value:

$ 18.4 billion

Status:

Completed

Date:

23/10/2015

Overview:

Western Digital has obtained $18.4 billion in financing from debt facilities.
The proceeds from the facilities will be used to finance Western Digital's acquisition of SanDisk.
BofA Merrill Lynch, JP Morgan Securities, Rothschild and RBC Capital Markets provided the financing.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Acquisition finance

Practice area:

Banking

Governing law:

United States

Industry sectors:

Industrials and manufacturing
Technology and telecommunications

Firms:

Cahill Gordon & Reindel

Party: BofA Merrill Lynch (Lender)

Party: JP Morgan Securities (Lender)

Party: RBC Capital Markets (Lender)

Party: Rothschild (Lender)

Lawyer: Michael Reddy

Skadden Arps Slate Meagher & Flom

Party: Western Digital (Borrower)

Lawyer: Gregg Noel

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