04.29.2010 - Seagate Technology Announces Offering of $500 Million Of Senior Unsecured Notes
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SCOTTS VALLEY, Calif. - April 29, 2010 - Seagate Technology (NASDAQ: STX) today announced that it intends, subject to market and other conditions, to offer $500 million aggregate principal amount of senior notes due 2020 (the “Notes”) in a private placement. The Notes are expected to be issued by Seagate HDD Cayman, an indirect wholly-owned subsidiary of Seagate Technology, and guaranteed by Seagate Technology or, following the completion of its pending redomiciliation, Seagate Technology plc on a full and unconditional basis.
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