Seagate Technology's Seagate HDD Cayman To Offer $1.3B In Exchangeable Senior Notes Due 2028 In A Private Placement
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Seagate Technology's subsidiary, Seagate HDD Cayman, plans to offer $1.3 billion in exchangeable senior notes due 2028 in a private placement.
September 07, 2023 | 5:13 am
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Seagate Technology's subsidiary's plan to offer $1.3 billion in exchangeable senior notes could impact the company's financial structure and liquidity.
The offering of $1.3 billion in exchangeable senior notes by Seagate HDD Cayman, a subsidiary of Seagate Technology, could potentially impact the company's financial structure and liquidity. However, the exact impact will depend on the terms of the notes and the use of the proceeds.
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