Seagate Sells $1B Worth of Senior Notes

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Seagate Technology Plc announced that on December 8, 2020, Seagate HDD Cayman, an exempted company with limited liability organized under the laws of the Cayman Islands and a subsidiary of Seagate Technology plc, issued $500 million in aggregate principal amount of 3.125% Senior Notes due 2029 and $500 million in aggregate principal amount of 3.375% Senior Notes due 2031. The 2029 Notes mature on July 15, 2029 and were issued pursuant to an indenture, dated as of December 8, 2020 among Seagate HDD, the Company and Wells Fargo Bank, National Association, as trustee of the 2029 Notes. The 2031 Notes mature on July 15, 2031 and were issued pursuant to an indenture, dated as of December 8, 2020 among Seagate HDD, the Company and the Trustee, as trustee of the 2031 Notes.

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