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Seagate Announces Closing of Exchanges with Holders of $600 Million Principal Amount of Exchangeable Notes
Businesswire· 2026-02-19 22:02
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 on February 19, 2026, the Company closed the previously announced privately negotiated exchanges (the "exchanges†) of $600 million principal amount of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the "notes†) for aggregate consideration consisting of approximately $599.2 million in cash and approximate. ...