Thursday, June 4, 2020

Seagate Announces Offering of Senior Unsecured Notes

Seagate HDD Cayman, a subsidiary of Seagate Technology plc , today announced that it intends, subject to market and other conditions, to offer senior notes due 2031 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and in offshore transactions under Regulation S under the Securities Act. The Notes are expected to be guaranteed by Seagate.