---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-129583"
form_type: "8-K"
ticker: "STX"
cik: "0001137789"
company_name: "Seagate Technology Holdings plc"
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T07:32:50.541437+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Seagate subsidiary issues $400M 5.875% notes due 2030; launches exchange offers for 8 series of old notes

## Summary
- SDST issued $400M of 5.875% Senior Notes due 2030; interest payable Jan 15 & Jul 15 starting Jan 15, 2026.
- Exchange offers for eight series of Seagate HDD old notes: holders receive $950 principal of new notes + $1.25 cash per $1,000 old notes.
- Early participation bonus: $50 extra principal + $1.25 cash more if tendered by June 10, 2025.
- Consent solicitations seek to eliminate restrictive covenants in old note indentures; new notes have same coupons and maturities.
- Issuer changes from Seagate HDD Cayman to SDST; same guarantors (Seagate Holdings, STUC, Seagate HDD).

## SEC filing metadata
- accession: 0001193125-25-129583
- form_type: 8-K
- ticker: STX
- cik: 0001137789
- company_name: Seagate Technology Holdings plc
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137789/000119312525129583/0001193125-25-129583-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137789/000119312525129583/d917432d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-129583
- JSON: https://secwatch.observer/filing/0001193125-25-129583.json
- Plain text: https://secwatch.observer/filing/0001193125-25-129583.txt

## Key facts
- Debt Financings
  Seagate Technology Holdings plc incurred senior notes of $400 million with Computershare Trust Company, National Association at 5.875% maturing July 15, 2030.
  - Instrument: senior notes
  - Principal: $400 million
  - Counterparty: Computershare Trust Company, National Association
  - Rate: 5.875%
  - Maturity: July 15, 2030
  - Event: incurrence
  source text: On May 27, 2025, Seagate Data Storage Technology Pte. Ltd. (“SDST”), a private company limited by shares registered in Singapore and a subsidiary of Seagate Technology Holdings plc (the “Company”), issued $400 million in aggregate principal amount of 5.875% Senior Notes due 2030 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137789/000119312525129583/0001193125-25-129583-index.htm

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