8-K
filed June 30, 2025, 7:59 PM ET
ticker STX
CIK 0001137789
debt
confidence high
sentiment neutral
materiality 0.60
Seagate Technology Holdings plc (STX): debt financing — Seagate completes exchange of $2.81B in Old Notes for New Notes via SDST subsidiary
Seagate Technology Holdings plc
- As of June 26, $2,809,835,357 principal amount of eight Old Note series validly tendered and accepted.
- Settlement on June 30; SDST issued new notes with same rates, maturities as Old Notes.
- Per $1,000 Old Note tendered, holders receive $1,000 New Notes plus $1.25 cash.
- Supplemental indentures remove most restrictive covenants and release guarantors on Old Notes.
- Registration rights agreements require exchange offer within 451 days if notes not freely tradable.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Seagate Technology Holdings plc incurred senior notes of $44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031 with Computershare Trust Company, National Association, as trustee at 3.375% maturing due 2031.
- Instrument
- senior notes
- Principal
- $44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031
- Counterparty
- Computershare Trust Company, National Association, as trustee
- Rate
- 3.375%
- Maturity
- due 2031
- Event
- incurrence
Exact text from the filing
• $44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031 (the “New 3.375% Notes”);
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Seagate Technology Holdings plc incurred senior notes of $99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029 with Computershare Trust Company, National Association, as trustee at 3.125% maturing due 2029.
- Instrument
- senior notes
- Principal
- $99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029
- Counterparty
- Computershare Trust Company, National Association, as trustee
- Rate
- 3.125%
- Maturity
- due 2029
- Event
- incurrence
Exact text from the filing
• $99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029 (the “New 3.125% Notes”);
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Seagate Technology Holdings plc incurred senior notes of $430,913,000 aggregate principal amount of 4.091% Senior Notes due 2029 with Computershare Trust Company, National Association, as trustee at 4.091% maturing due 2029.
- Instrument
- senior notes
- Principal
- $430,913,000 aggregate principal amount of 4.091% Senior Notes due 2029
- Counterparty
- Computershare Trust Company, National Association, as trustee
- Rate
- 4.091%
- Maturity
- due 2029
- Event
- incurrence
Exact text from the filing
On June 30, 2025 (the “Settlement Date”), SDST issued the following New Notes in exchange for Old Notes of the corresponding series validly tendered and accepted: • $430,913,000 aggregate principal amount of 4.091% Senior Notes due 2029 (the “New 4.091% Notes”);
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Seagate Technology Holdings plc incurred senior notes of $213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031 with Computershare Trust Company, National Association, as trustee at 4.125% maturing due 2031.
- Instrument
- senior notes
- Principal
- $213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031
- Counterparty
- Computershare Trust Company, National Association, as trustee
- Rate
- 4.125%
- Maturity
- due 2031
- Event
- incurrence
Exact text from the filing
• $213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031 (the “New 4.125% Notes”);
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Seagate Technology Holdings plc incurred senior notes of $492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029 with Computershare Trust Company, National Association, as trustee at 8.250% maturing due 2029.
- Instrument
- senior notes
- Principal
- $492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029
- Counterparty
- Computershare Trust Company, National Association, as trustee
- Rate
- 8.250%
- Maturity
- due 2029
- Event
- incurrence
Exact text from the filing
• $492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029 (the “New 8.250% Notes”);
View on SEC.gov
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