We have advised Seagate Technology Holdings plc (NASDAQ: STX) (Seagate) on its subsidiary, Seagate Data Storage Technology Pte. Ltd’s, private offering of $400 million aggregate principal amount of senior notes due 2030 (the Notes), which announced on 12 May 2025.

The Notes will be guaranteed by Seagate, Seagate Technology Unlimited Company, and Seagate HDD Cayman. The closing of the offering of the Notes is expected to occur on or about 27 May 2025, subject to customary closing conditions.

The Arthur Cox team was led by Christopher McLaughlin (Corporate and M&A), Imelda Shiels (Debt Finance), Fintan Clancy (Tax) and included Sinéad McDonagh and Éimear Devaney (Corporate and M&A), Andrew McMaster (Debt Finance) and Jessica Lewis and Edwina Hilton (Tax).

We are pleased to have partnered with Latham & Watkins, LLP on the transaction.

More information is available on the Seagate website.