secwatch / observer

Seagate Technology Holdings plc — fact timeline

Source-grounded facts extracted from Seagate Technology Holdings plc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

STX Seagate Technology Holdings plc JSON

Michael R. Cannon departed as Director at Seagate Technology Holdings plc.

“On May 5, 2026, Mr. Michael R. Cannon notified the Board of Directors (the “Board”) of Seagate Technology Holdings, plc (the “Company”) that he has decided not to stand for re-election to the Board at the Company’s 2026 Annual General Meeting of Shareholders (the “Annual Meeting”).”
Earnings Releases

Seagate Technology Holdings plc reported financial results for the fiscal third quarter ended April 3, 2026.

“On April 28, 2026 , Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal third quarter ended April 3, 2026. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1.”
Equity Issuances

Seagate Technology Holdings plc issued 5,952,309 ordinary shares of common stock to holders of $600 million principal amount of exchangeable notes for $599.2 million in cash and approximately 5.95 million ordinary shares.

“the aggregate of 5,952,309 ordinary shares issued in the Exchanges were issued pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), afforded by Section 4(a)(2) of the Securities Act in transactions not involving any public offering.”
Equity Issuances

Seagate Technology Holdings plc issued common stock to a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 for $600 million principal amount of notes.

“Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on February 11, 2026, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $600 million principal amount of notes for consideration consisting of an aggregate of approximately $599.2 million in cash and a number of Seagate’s ordinary shares”
Equity Issuances

Seagate Technology Holdings plc issued approximately 4.3 million ordinary shares of common stock to holders of $500 million principal amount of exchangeable notes for $500 million principal amount of notes exchanged for approximately $503.4 million in cash and approximately 4.3 million ordinary shares.

“the aggregate of 4,313,941 ordinary shares issued in the Exchanges were issued pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), afforded by Section 4(a)(2) of the Securities Act in transactions not involving any public offering”
Equity Issuances

Seagate Technology Holdings plc issued a number of Seagate’s ordinary shares to be determined over a one trading day period beginning on, and including, November 5, 2025 of common stock to holders of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 for approximately $503.4 million in cash and ordinary shares.

“Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on November 4, 2025, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $500 million principal amount of notes for consideration consisting of an aggregate of approximately $503.4 million in cash and a number of Seagate’s ordinary shares (the “ordinary shares”) to be determined over a one trading day period beginning on, and including, November 5, 2025.”
Debt Financings

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.

“• $44,848,000 aggregate principal amount of 3.375% Senior Notes due 2031 (the “New 3.375% Notes”);”
Debt Financings

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.

“• $213,235,000 aggregate principal amount of 4.125% Senior Notes due 2031 (the “New 4.125% Notes”);”
Debt Financings

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.

“• $492,014,000 aggregate principal amount of 8.250% Senior Notes due 2029 (the “New 8.250% Notes”);”
Debt Financings

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.

“• $99,828,000 aggregate principal amount of 3.125% Senior Notes due 2029 (the “New 3.125% Notes”);”
Debt Financings

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.

“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”);”
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.

“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”).”

Judy Bruner departed as Director at Seagate Technology Holdings plc.

“On May 2, 2025, Ms. Judy Bruner notified the Board of Directors (the “Board”) of Seagate Technology Holdings, plc (the “Company”) that she has decided not to stand for re-election to the Board at the Company’s 2025 Annual General Meeting of Shareholders (the “Annual Meeting”).”
Debt Financings

Seagate Technology Holdings plc incurred revolving credit of $1.3 billion with The Bank of Nova Scotia (Administrative Agent) at SOFR plus a variable margin maturing January 30, 2030.

“The New Credit Agreement provides for a $1.3 billion senior unsecured revolving credit facility, under which the Borrower may borrow at any time until the earlier of (i) January 30, 2030”

Robert A. Bruggeworth departed as Director at Seagate Technology Holdings plc.

“On August 23, 2024, Mr. Robert A. Bruggeworth notified the Board of Directors (the “Board”) of Seagate Technology Holdings, plc (the “Company”) that he has decided not to stand for re-election to the Board at the Company’s 2024 Annual General Meeting of Shareholders (the “Annual Meeting”).”
Material Agreements

Seagate Technology Holdings plc entered into Asset Purchase Agreement with Avago Technologies International Sales Pte. Limited valued at $600,000,000 (effective 2024-04-23).

“On April 23, 2024, Seagate Technology Holdings public limited company (the “ Company ” or “ Seagate ”) and Seagate Technology LLC, a Delaware limited liability company, Seagate Technology HDD (India) Private Limited, a private company incorporated under the laws of India, and Seagate Singapore International Headquarters Pte. Ltd., a private company incorporated under the laws of Singapore, each a subsidiary of the Company (such subsidiaries, the “ Seagate Sellers ”), entered into an Asset Purchase Agreement (the “ APA ”) with Avago Technologies International Sales Pte. Limited, a private company incorporated under the laws of Singapore (“ Purchaser ”) and a subsidiary of Broadcom Inc.”
Earnings Releases

Seagate Technology Holdings plc reported financial results for fiscal third quarter ended March 29, 2024.

“On April 23, 2024, Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal third quarter ended March 29, 2024.”
Earnings Releases

Seagate Technology Holdings plc reported financial results for the fiscal second quarter ended December 29, 2023.

“On January 24, 2024, Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal second quarter ended December 29, 2023.”

Laurie Webb was appointed as Chief Legal Officer at Seagate Technology Holdings plc.

“Laurie Webb, Vice President, Legal and Chief Compliance Officer of the Company, will serve as interim Chief Legal Officer following Ms. Schuelke’s departure until a permanent Chief Legal Officer is appointed.”

Katherine E. Schuelke resigned as Senior Vice President, Chief Legal Officer and Corporate Secretary at Seagate Technology Holdings plc.

“On December 26, 2023, Katherine E. Schuelke, Senior Vice President, Chief Legal Officer and Corporate Secretary notified Seagate Technology Holdings plc (the “Company”) that she will be leaving the Company effective January 15, 2024 to pursue other opportunities.”
Earnings Releases

Seagate Technology Holdings plc reported financial results for the fiscal first quarter ended September 29, 2023.

“On October 26, 2023, Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal first quarter ended September 29, 2023. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1.”
Shareholder Votes

Seagate Technology Holdings plc shareholders approved Determine price range for re-allotment of treasury shares at the 2023-10-23 meeting.

“Proposal 5 . The proposal to determine the price range at which the Company can re-allot shares held as treasury shares was approved. FOR AGAINST ABSTAIN 175,066,798 11,970,256 710,644”
Shareholder Votes

Seagate Technology Holdings plc shareholders approved Ratify appointment of Ernst & Young LLP as independent auditors and authorize setting auditors' remuneration at the 2023-10-23 meeting.

“Proposal 4 . The proposal to ratify, in a non-binding vote, the appointment of Ernst & Young LLP as the independent auditors for the fiscal year ending June 28, 2024, and to authorize, in a binding vote, the Audit and Finance Committee to set the auditors’ remuneration was approved. FOR AGAINST ABSTAIN 172,277,655 15,067,030 403,013”
Shareholder Votes

Seagate Technology Holdings plc shareholders approved Advisory resolution on frequency of future advisory votes on executive compensation at the 2023-10-23 meeting.

“Proposal 3 . The option of “One Year” received the highest number of votes in the advisory resolution to approve, in a non-binding vote, the frequency of future advisory votes on the compensation of the Company’s named executive officers. ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 159,773,988 215,907 2,076,365 257,196 25,424,242”
Shareholder Votes

Seagate Technology Holdings plc shareholders approved Advisory resolution to approve executive compensation at the 2023-10-23 meeting.

“Proposal 2. The advisory resolution to approve, in a non-binding vote, the compensation of the Company’s named executive officers was approved. FOR AGAINST ABSTAIN BROKER NON-VOTES 155,532,584 6,425,664 365,208 25,424,242”
Shareholder Votes

Seagate Technology Holdings plc shareholders approved Election of Directors at the 2023-10-23 meeting.

“Proposal 1. The eleven (11) directors listed below were elected at the AGM to hold office until the Company’s 2024 annual general meeting: FOR AGAINST ABSTAIN BROKER NON-VOTES Shankar Arumugavelu 161,519,186 597,026 207,244 25,424,242 Pratik (“Prat”) S. Bhatt 161,536,179 576,280 210,997 25,424,242 Robert A. Bruggeworth 124,842,916 37,273,276 207,264 25,424,242 Judy Bruner 147,614,738 14,507,454 201,264 25,424,242 Michael R. Cannon 138,426,619 23,677,479 219,358 25,424,242 Richard L. Clemmer 152,032,189 10,083,206 208,061 25,424,242 Yolanda L. Conyers 161,470,946 617,989 234,521 25,424,242 Jay L. Geldmacher 143,637,905 18,480,689 204,862 24,424,242 Dylan G. Haggart 161,522,814 601,498 199,144 25,424,242 William D. Mosley 161,510,559 598,782 214,115 25,424,242 Stephanie Tilenius 161,556,270 568,066 199,120 25,424,242”
Material Agreements

Seagate Technology Holdings plc amended Tenth Amendment to the Credit Agreement with The Bank of Nova Scotia valued at Amendment entered into to modify and/or remove certain financial covenants, permit certain internal (effective 2023-09-27).

“On September 27, 2023, Seagate Technology Holdings public limited company (the "Company") and its subsidiary Seagate HDD Cayman (the "Borrower") entered into the Tenth Amendment to the Credit Agreement (as defined below) with The Bank of Nova Scotia, as administrative agent (the "Agent") and the requisite lenders under the Credit Agreement (the "Amendment").”
Debt Financings

Seagate Technology Holdings plc incurred convertible notes of $1,500.0 million with Computershare Trust Company, National Association at 3.50% maturing June 1, 2028.

“issued $1,500.0 million in aggregate principal amount of 3.50% Exchangeable Senior Notes due 2028”
Material Agreements

Seagate Technology Holdings plc entered into Indenture with Computershare Trust Company, National Association valued at $1,500.0 million aggregate principal amount of 3.50% Exchangeable Senior Notes due 2028 (effective 2023-09-13).

“On September 13, 2023, Seagate HDD Cayman (“Seagate HDD”), an exempted company with limited liability organized under the laws of the Cayman Islands and a subsidiary of Seagate Technology Holdings plc (the “Company”), issued $1,500.0 million in aggregate principal amount of 3.50% Exchangeable Senior Notes due 2028 (the “Notes”), which includes $200.0 million aggregate principal amount of Notes offered and sold pursuant to the over-allotment option of the Initial Purchasers (as defined below) to purchase additional Notes, which was exercised in full on September 8, 2023.”
Material Agreements

Seagate Technology Holdings plc entered into Purchase Agreement with Morgan Stanley & Co. LLC, as representative of the initial purchasers valued at $1.3 billion aggregate principal amount of 3.50% Exchangeable Senior Notes due 2028 (effective 2023-09-07).

“On September 7, 2023, Seagate Technology Holdings plc (the “Company”) and Seagate HDD Cayman (“HDD”), an indirect wholly owned subsidiary of the Company, entered into a purchase agreement (the “Purchase Agreement”), by and among the Company, HDD, Seagate Technology Unlimited Company (“STUC” and, together with the Company, the “Guarantors”) and Morgan Stanley & Co. LLC, as representative of the initial purchasers named therein (the “Initial Purchasers”), pursuant to which HDD has agreed to issue and sell, and the Initial Purchasers have agreed to purchase, $1.3 billion aggregate principal amount of 3.50% Exchangeable Senior Notes due 2028 (the “Notes”)”
Earnings Releases

Seagate Technology Holdings plc reported financial results for fiscal fourth quarter and fiscal year ended June 30, 2023.

“On July 26, 2023 , Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal fourth quarter and fiscal year ended June 30, 2023.”

Edward J. Zander departed as Director at Seagate Technology Holdings plc.

“On July 18, 2023, Edward J. Zander notified the Board of Directors (the “Board”) of Seagate Technology Holdings plc (the “Company”) that he will retire from the Board and will not stand for reelection at the 2023 Annual General Meeting of Shareholders (the “2023 AGM”).”
Debt Financings

Seagate Technology Holdings plc incurred senior notes of $500 million with Computershare Trust Company, National Association at 8.50% maturing July 15, 2031.

“HDD”), an exempted company with limited liability organized under the laws of the Cayman Islands and a subsidiary of Seagate Technology Holdings plc (the “Company”), issued $500 million in aggregate principal amount of 8.25% Senior Notes due 2029 (the “2029 Notes”) and $500 million in aggregate principal amount of 8.50% Senior Notes due 2031 (the “2031 Notes””
Debt Financings

Seagate Technology Holdings plc incurred senior notes of $500 million with Computershare Trust Company, National Association at 8.25% maturing December 15, 2029.

“issued $500 million in aggregate principal amount of 8.25% Senior Notes due 2029 (the “2029 Notes”)”
Material Agreements

Seagate Technology Holdings plc entered into Purchase Agreement with Morgan Stanley & Co. LLC, as representative of the initial purchasers named therein valued at $500 million aggregate principal amount of 8.25% Senior Notes due 2029 and $500 million aggregate pr (effective 2023-05-24).

“On May 24, 2023, Seagate Technology Holdings plc (the “Company”) and Seagate HDD Cayman (“HDD”), an indirect wholly owned subsidiary of the Company, entered into a purchase agreement (the “Purchase Agreement”), by and among the Company, HDD, Seagate Technology Unlimited Company (“STUC” and, together with the Company, the “Guarantors”) and Morgan Stanley & Co. LLC, as representative of the initial purchasers named therein (the “Initial Purchasers”), pursuant to which the Company has agreed to issue and sell, and the Initial Purchasers have agreed to purchase, $500 million aggregate principal amount of 8.25% Senior Notes due 2029 (the “2029 Notes”) and $500 million aggregate principal amount of 8.50% Senior Notes due 2031 (the “2031 Notes” and, together with the 2029 Notes, the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the Uni”
Debt Financings

Seagate Technology Holdings plc amended credit facility of reduce the aggregate revolving loan commitments by $250.0 million, so that the remaining aggregate revolving loan commit with The Bank of Nova Scotia, as administrative agent at increase to the applicable interest rate margins for the revolving loans and ter.

“any time other than during the covenant relief period. The Amendment also amended the Credit Agreement to, among other things, reduce the aggregate revolving loan commitments by $250.0 million, so that the remaining aggregate revolving loan commitments equal $1.5 billion, and provide for an increase to the applicable interest rate margins for the revolving loans and”
Material Agreements

Seagate Technology Holdings plc amended the eighth amendment (the "Amendment") to the Credit Agreement with The Bank of Nova Scotia, as administrative agent (effective 2023-05-19).

“On May 19, 2023, Seagate Technology Holdings public limited company (the “Company”) and its subsidiary Seagate HDD Cayman (the “Borrower”) entered into the eighth amendment (the “Amendment”) to the Credit Agreement, dated as of February 20, 2019, by and among the Company, the Borrower, the lenders party thereto, and The Bank of Nova Scotia, as administrative agent”
Earnings Releases

Seagate Technology Holdings plc reported financial results for the fiscal third quarter ended March 31, 2023.

“On April 20, 2023 , Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal third quarter ended March 31, 2023.”
Restructurings & Charges

Seagate Technology Holdings plc announced a restructuring with charges of approximately $150 million.

“The Plan, which the Company expects to be substantially completed by the end of the fiscal fourth quarter 2023, is expected to result in total pre-tax charges of approximately $150 million. The charges are expected to be primarily cash-based and consist of employee severance and other one-time termination benefits. The Company expects to realize run-rate savings of”

Jeffrey D. Nygaard departed as Executive Vice President of Operations and Technology at Seagate Technology Holdings plc.

“Jeffrey D. Nygaard, Executive Vice President of Operations and Technology, will leave the Company effective May 1, 2023.”
Earnings Releases

Seagate Technology Holdings plc reported preliminary financial results for fiscal third quarter of 2023.

“The Company has recorded a penalty accrual for the fiscal third quarter of 2023 in the amount of $300 million, which will be reflected in its GAAP financial statements to be filed with its Quarterly Report on Form 10-Q for the period ended March 31, 2023.”
Material Agreements

Seagate Technology Holdings plc entered into Settlement Agreement with U.S. Department of Commerce’s Bureau of Industry and Security (BIS) valued at $300 million (effective 2023-04-18).

“On April 18, 2023, Seagate Technology LLC and Seagate Singapore International Headquarters Pte. Ltd (collectively, “Seagate”), each a subsidiary of Seagate Technology Holdings public limited company (the “Company”), entered into a settlement agreement (the “Settlement Agreement”) with the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) that resolves BIS’s allegations regarding Seagate’s sales of hard disk drives to Huawei between August 17, 2020 and September 29, 2021.”
Restructurings & Charges

Seagate Technology Holdings plc announced a restructuring with charges of $55 million to $65 million affecting multiple functions and locations throughout the Company, and include aligning its Lyve Edge-to-Cloud Mass Storage Platform business plan to near-term market conditions and reducing Lyve Cloud investme (approximately 480 employees, or 1% of the global headcount).

“challenges. Th is expan sion of the Plan is expected to be substantially completed by the end of the fiscal fourth quarter 2023 and result in total pre-tax charges between $55 million to $65 million, consisting of cash expenditures between $25 million to $30 million for employee termination costs and $5 million to $10 million for other related exit costs, as”

Ravi Naik departed as Executive Vice President, Storage Services at Seagate Technology Holdings plc.

“On March 29, 2023, the Company announced that in connection with the expanded Plan, Ravi Naik, Executive Vice President, Storage Services, will leave the Company effective April 3, 2023.”
Earnings Releases

Seagate Technology Holdings plc reported financial results for the fiscal second quarter ended December 30, 2022.

“On January 25, 2023 , Seagate Technology Holdings plc (the “Company” or “Seagate”) issued a press release reporting its financial results for the fiscal second quarter ended December 30, 2022.”
Debt Financings

Seagate Technology Holdings plc incurred senior notes of $750 million with Computershare Trust Company, National Association at 9.625% maturing December 1, 2032.

“On November 30, 2022, Seagate HDD Cayman (“Seagate HDD”), an exempted company with limited liability organized under the laws of the Cayman Islands and an indirect subsidiary of Seagate Technology Holdings plc (the “Company”), issued approximately $750 million in aggregate principal amount of 9.625% Senior Notes due 2032 (the “New Notes”) in connection with Seagate HDD’s exchange offers to certain eligible holders of Seagate HDD’s outstanding 3.125% Senior Notes due 2029, 4.091% Senior Notes due 2029, 3.375% Senior Notes due 2031, and 4.125% Senior Notes due 2031 (the “Exchange Offers”).”
Material Agreements

Seagate Technology Holdings plc entered into Registration Rights Agreement, dated as of November 30, 2022 with Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., BofA Securities, Inc., Scotia Capital (USA) Inc., Wells Fargo Securities, LLC and BNP Paribas Securities Corp valued at registration rights agreement related to 9.625% Senior Notes due 2032 (effective 2022-11-30).

“The Company has also entered into a registration rights agreement related to the New Notes, dated as of November 30, 2022 (the “Registration Rights Agreement”), among Seagate HDD, the Guarantors, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., BofA Securities, Inc., Scotia Capital (USA) Inc., Wells Fargo Securities, LLC and BNP Paribas Securities Corp, as the lead dealer managers for the Exchange Offers.”
Material Agreements

Seagate Technology Holdings plc entered into Indenture, dated as of November 30, 2022, for 9.625% Senior Notes due 2032 with Computershare Trust Company, National Association valued at approximately $750 million aggregate principal amount of 9.625% Senior Notes due 2032 (effective 2022-11-30).

“On November 30, 2022, Seagate HDD Cayman (“Seagate HDD”), an exempted company with limited liability organized under the laws of the Cayman Islands and an indirect subsidiary of Seagate Technology Holdings plc (the “Company”), issued approximately $750 million in aggregate principal amount of 9.625% Senior Notes due 2032 (the “New Notes”) in connection with Seagate HDD’s exchange offers to certain eligible holders of Seagate HDD’s outstanding 3.125% Senior Notes due 2029, 4.091% Senior Notes due 2029, 3.375% Senior Notes due 2031, and 4.125% Senior Notes due 2031 (the “Exchange Offers”). ”). The Company announced that it had increased the previously announced New Notes issuance limit from $500 million to approximately $750 million aggregate principal amount, subject to further increase in its sole discretion. The New Notes mature on December 1, 2032, and were issued pursuant to an indenture, dated as of November 30, 2022 (the “Indenture”), among Seagate HDD, the Company, Seagate Techno”

Robert (Bob) Bruggeworth was appointed as director at Seagate Technology Holdings plc.

“On November 9, 2022 (the “ Effective Date ”), the Board of Directors (the “ Board ”) of Seagate Technology Holdings plc (“ Seagate ”) appointed Robert (Bob) Bruggeworth to serve as a director of Seagate.”
Debt Financings

Seagate Technology Holdings plc amended credit facility with The Bank of Nova Scotia.

“The Amendment amended the Credit Agreement to, among other things, increase the maximum permitted total leverage ratio the Company must comply with during the covenant relief period and prohibit the Company from pursuing the use of the incremental facility (being the ability of the Borrower to establish incremental loan commitments or incremental term loan commitments of up to $100.0 million in the aggregate, as set out in the sixth amendment to the Credit Agreement) during the covenant relief period.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.