The notes are due 2030

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by Seagate Data Storage Technology Pte. Ltd., of $400 million aggregate principal amount of 5.875% senior notes due 2030. The notes are unconditionally guaranteed by Seagate Technology Holdings plc, Seagate Technology Unlimited Company and Seagate HDD Cayman.

Seagate is a leading provider of data storage technology and infrastructure solutions. Its principal products are hard disk drives. In addition, Seagate produces a broad range of data storage products including solid state drives, solid state hybrid drives and storage subsystems, as well as a scalable edge-to-cloud mass data platform that includes data transfer shuttles and a storage-as-a-service cloud.

The Davis Polk corporate team included partner Michael Kaplan, counsel Christopher H. Van Buren and Judah (Yehuda) Bareli and associate Maddie White. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. The tax team included partner Kara L. Mungovan and associate Bryce Maxey. Partner Pritesh P. Shah and associate Gabrielle Mazero provided intellectual property advice. All members of the Davis Polk team are based in the New York office.

 

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