Financing ·
Seagate HDD Cayman issued a redemption notice for all outstanding 3.50% Exchangeable Senior Notes due 2028, with a…
STXSeagate Technology Holdings plc
Seagate HDD Cayman issued a redemption notice for all outstanding 3.50% Exchangeable Senior Notes due 2028, with a cash redemption price equal to the principal amount plus accrued interest on the September 8, 2026 redemption date. Holders can exchange the notes for Seagate ordinary shares at a current exchange rate of 12.1363 shares per $1,000 principal amount, which will be adjusted on June 25, 2026, following a previously announced $0.74 per share dividend. Seagate Technology Holdings plc is a data storage solutions provider in the technology industry.