---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041069"
form_type: "8-K"
ticker: "HPE"
cik: "0001645590"
company_name: "Hewlett Packard Enterprise Co"
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:56:11.631386+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HPE issues $1.5B preferred stock and $8.9B notes to fund Juniper Networks acquisition

## Summary
- HPE raised $1.46B net from 30M shares of 7.625% Series C Mandatory Convertible Preferred Stock, closing Sept 13, 2024.
- HPE raised ~$8.90B net from senior notes across six tranches (4.45%-5.60%) maturing 2026-2054, closing expected Sept 26.
- Combined ~$10.36B net proceeds to fund HPE's pending $14B Juniper Networks acquisition, plus fees and debt repayment.
- Preferred stock automatically converts to common stock around Sept 1, 2027, at 2.5352-3.1056 shares per $50 share.
- If Juniper deal not consummated by Oct 2025, HPE may redeem preferred stock at a make-whole amount.

## SEC filing metadata
- accession: 0001140361-24-041069
- form_type: 8-K
- ticker: HPE
- cik: 0001645590
- company_name: Hewlett Packard Enterprise Co
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645590/000114036124041069/0001140361-24-041069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645590/000114036124041069/ef20035817_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041069
- JSON: https://secwatch.observer/filing/0001140361-24-041069.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.