debt
confidence high
sentiment neutral
materiality 0.60
Seagate subsidiary launches $400M senior notes offering to refinance 2027 notes
Seagate Technology Holdings plc
- Seagate Data Storage Technology Pte. Ltd. offers $400M senior notes due 2030 in private placement.
- Proceeds, with cash on hand, to fund conditional full redemption of outstanding 4.875% notes due 2027.
- Redemption price includes 100% principal plus make-whole premium and accrued interest.
- Notes guaranteed by Seagate Technology Holdings plc and certain affiliates.
- Offering limited to QIBs under Rule 144A and non-U.S. persons under Regulation S.