Seagate completes redemption of 3.50% Exchangeable Senior Notes due 2028
Seagate Technology Holdings plc's subsidiary Seagate HDD Cayman settled redemption and exchanges of all approximately $150.7 million principal amount of its 3.50% Exchangeable Senior Notes due 2028 on September 8, 2026. Seagate HDD paid approximately $150.97 million in cash and delivered 1,647,862 ordinary shares of Seagate to settle its obligations under the Notes. Of the Notes, $150.51 million aggregate principal amount was exchanged for the 1,647,862 ordinary shares pursuant to the Section 3(a)(9) exemption f...
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