Legal DealFolio - Seagate Technology plc Offering of Notes due 2027

Simpson Thacher represented Seagate Technology plc in connection with its Rule 144A and Regulation S offering of USD700 million aggregate principal amount of 4.875% Senior Notes due 2027. The notes were issued by Seagate HDD Cayman, a wholly owned subsidiary of Seagate, and guaranteed by Seagate. Morgan Stanley and BofA Merrill Lynch acted as joint-lead and bookrunning managers of the offering. Seagate will use the net proceeds from this offering for general corporate purposes, including replenishing cash associated with the redemption of the outstanding 6.875% Senior Notes due 2020, which have been redeemed, capital expenditures and other investments in the business. The Simpson Thacher team for this transaction included Bill Hinman, Dan Webb, Brian Osimiri, Stephanie Richards and Andrew Simon-Rooke (Capital Markets); Katharine Moir and Noah Metz (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); Christopher Bell (Credit); Michael Isby (Environmental); Alexis Coll-Very (Regulatory); and Michelle Morad (Intellectual Property).

Deal Date:	14-05-2015	Practice Area:	Debt Capital Markets
Deal Title:	Seagate Technology plc Offering of Notes due 2027	Industry:	Technology Hardware & Equipment
Description:	Simpson Thacher represented Seagate Technology plc in connection with its Rule 144A and Regulation S offering of USD700 million aggregate principal amount of 4.875% Senior Notes due 2027. The notes were issued by Seagate HDD Cayman, a wholly owned subsidiary of Seagate, and guaranteed by Seagate. Morgan Stanley and BofA Merrill Lynch acted as joint-lead and bookrunning managers of the offering. Seagate will use the net proceeds from this offering for general corporate purposes, including replenishing cash associated with the redemption of the outstanding 6.875% Senior Notes due 2020, which have been redeemed, capital expenditures and other investments in the business. The Simpson Thacher team for this transaction included Bill Hinman, Dan Webb, Brian Osimiri, Stephanie Richards and Andrew Simon-Rooke (Capital Markets); Katharine Moir and Noah Metz (Tax); Jeanne Annarumma (Executive Compensation and Employee Benefits); Christopher Bell (Credit); Michael Isby (Environmental); Alexis Coll-Very (Regulatory); and Michelle Morad (Intellectual Property).
Financial Center:	Silicon Valley	Value:	500.01-1000.00
Advised Party:	Issuer	Law Firm	Simpson Thacher
Issuer Jurisdiction	United States	Listing Jurisdiction	United States
Classification:	Corporate Bonds Senior Debt	Lawyer	William H Hinman

Practice Areas -

Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers