Hewlett packard enterprise announces pricing of public offering of mandatory convertible preferred stock

Houston--(business wire)--hewlett packard enterprise company (nyse: hpe) (“hpe”) today announced the pricing of its previously announced public offering (the “offering”) of $1.35 billion (27 million shares) of series c mandatory convertible preferred stock of hpe (“preferred stock”), in an underwritten registered public offering, at a price to the public and a liquidation preference of $50.00 per share of preferred stock. in addition, hpe granted to the underwriters in the offering a 30-day opt.
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