debt
confidence high
sentiment neutral
materiality 0.50
Seagate completes redemption of $150.7M exchangeable notes due 2028
Seagate Technology Holdings plc
- Redeemed all ~$150.7M principal of 3.50% Exchangeable Senior Notes due 2028 on Sept 8, 2026.
- Paid ~$150.97M cash and delivered 1,647,862 ordinary shares to settle redemptions and exchanges.
- Notes exchanged before Sept 3, 2026 settled with cash for principal plus shares for excess value.
- Ordinary shares issued under Section 3(a)(9) exemption from registration.