{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-152915","form_type":"8-K","ticker":"STX","cik":"0001137789","company_name":"Seagate Technology Holdings plc","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.631202+00:00","generated_at":"2026-05-18T12:16:12.426331+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Seagate completes exchange of $2.81B in Old Notes for New Notes via SDST subsidiary","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-152915","json":"https://secwatch.observer/filing/0001193125-25-152915.json","markdown":"https://secwatch.observer/filing/0001193125-25-152915.md","text":"https://secwatch.observer/filing/0001193125-25-152915.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/d56001d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:16:12.426331+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"71e41ed7925b4221c17688e4c098a077f9c0f125","claim":"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.","evidence_excerpt":"• $44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031 (the “New 3.375% Notes”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031"},{"label":"Counterparty","value":"Computershare Trust Company, National Association, as trustee"},{"label":"Rate","value":"3.375%"},{"label":"Maturity","value":"due 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8530906e0bfec4cab0dcb7a088c4adfff842920a","claim":"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.","evidence_excerpt":"• $99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029 (the “New 3.125% Notes”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029"},{"label":"Counterparty","value":"Computershare Trust Company, National Association, as trustee"},{"label":"Rate","value":"3.125%"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"baf34ba8c25bb9f296f2a985e989b6b9c3b4418f","claim":"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.","evidence_excerpt":"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”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$430,913,000 aggregate principal amount of 4.091% Senior Notes due 2029"},{"label":"Counterparty","value":"Computershare Trust Company, National Association, as trustee"},{"label":"Rate","value":"4.091%"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ef9a71307f41c76c6e0a3e5cfde32a07df4cb55f","claim":"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.","evidence_excerpt":"• $213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031 (the “New 4.125% Notes”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031"},{"label":"Counterparty","value":"Computershare Trust Company, National Association, as trustee"},{"label":"Rate","value":"4.125%"},{"label":"Maturity","value":"due 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f80ba7cc42d7efe336321f9b100fc350a864fb7e","claim":"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.","evidence_excerpt":"• $492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029 (the “New 8.250% Notes”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1137789/000119312525152915/0001193125-25-152915-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029"},{"label":"Counterparty","value":"Computershare Trust Company, National Association, as trustee"},{"label":"Rate","value":"8.250%"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}