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Seagate redeems remaining USD 150.7 million exchangeable notes due 2028

PUBT·09/09/2026 12:30:27
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Seagate redeems remaining USD 150.7 million exchangeable notes due 2028
  • Seagate settled all remaining redemptions and exchanges of about $150.7 million of Seagate HDD Cayman’s 3.50% Exchangeable Senior Notes due 2028.
  • Notes not exchanged were redeemed for cash on Sept. 8, 2026 at par, with accrued interest to, but excluding, the date.
  • Exchanges submitted by Sept. 3, 2026 were settled with principal in cash, excess value in Seagate ordinary shares.
  • Redemption-date settlement totaled about $150.97 million in cash, with 1,647,862 ordinary shares delivered.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seagate Technology Holdings plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202609090830BIZWIRE_USPR_____20260909_BW846649) on September 09, 2026, and is solely responsible for the information contained therein.