Seagate calls redemption of 3.5% exchangeable senior notes due 2028

• Seagate Technology Holdings plc called for redemption of all outstanding Seagate HDD Cayman 3.50% Exchangeable Senior Notes due 2028.
• Redemption set for Sept. 8, 2026, for cash equal to principal amount of the notes plus accrued and unpaid interest.
• Interest stops accruing on and after the redemption date, unless the redemption price is not paid in full.
• Holders can exchange notes until 5 p.m. New York time on Sept. 3, 2026, at 12.1363 ordinary shares per $1,000 principal.
• Seagate expects to eliminate about $150.7 million of debt through exchanges or redemption of any remaining notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seagate Technology Holdings plc published the original content used to generate this news brief via Business Wire (Ref. ID: 202606111822BIZWIRE_USPR_____20260610_BW272884) on June 11, 2026, and is solely responsible for the information contained therein.