Western Digital has successfully repriced €881 million ($952 million) of new Euro-denominated term B-2 loans. JPMorgan served as administrative agent for the transaction.
Western Digital announced it will acquire SanDisk in a $19 billion deal. Committed financing to support the transaction will be provided by BoA Merrill Lynch, J.P. Morgan, Credit Suisse and RBC Capital Markets.
Western Digital said it named Mark Long EVP of strategy and corporate development. Long was most recently SVP, strategy and corporate development at Hitachi GST, which was acquired by Western Digital in March 2012.