Seagate announces offering of exchangeable senior unsecured notes

Fremont, calif.--(business wire)--seagate hdd cayman (the “company”), a subsidiary of seagate technology holdings plc (nasdaq: stx) (“seagate”), today announced that it intends, subject to market and other conditions, to offer up to $1.3 billion in aggregate principal amount of exchangeable senior notes due 2028 (the “notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securit.
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