Seagate calls all outstanding exchangeable notes for redemption

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Seagate Announces Redemption of Exchangeable Notes

June 11, 2026 6:23 PM EDT

SINGAPORE--(BUSINESS WIRE)-- Seagate Technology Holdings plc (NASDAQ: STX) (Seagate or Company) and Seagate HDD Cayman, a subsidiary of Seagate (Seagate HDD), today announced that Seagate HDD has issued a notice to holders of Seagate HDDs 3.50% Exchangeable Senior Notes due 2028 (the notes) calling for redemption (the redemption) of all outstanding notes.

On September 8, 2026 (the redemption date), all then-outstanding notes that are called for redemption and have not been submitted for exchange will be redeemed for cash at a price (the redemption price) equal to the principal amount of such notes plus accrued and unpaid interest on such... More