Seagate announces pricing of $1.3 billion of exchangeable senior unsecured notes

Fremont, calif.--(business wire)--seagate hdd cayman (the “company”), a subsidiary of seagate technology holdings plc (nasdaq: stx) (“seagate”), announced that it priced its earlier announced offering of $1.3 billion aggregate principal amount of exchangeable senior notes due 2028 (the “notes”). the 2028 notes were priced at 100% of the aggregate principal amount and will bear interest at a rate of 3.50% per annum. in addition, the company has granted the initial purchasers of the notes an opti.
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