Seagate Offering Thursday, May 21, 2026 +0.10 Neutral

Seagate exchanges 3.50% convertible notes due 2028 for cash and ordinary shares

Seagate Technology agreed to exchange its 3.50% Exchangeable Senior Notes due 2028 for cash consideration of $1,000 per $1,000 principal amount plus ordinary shares. The exchange reduces Seagate's debt obligations while providing investors liquidity and equity upside.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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