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27.06.25 - 14:36
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Seagate Announces Final Results of Exchange Offers and Consent Solicitations for Senior Notes (Business Wire)
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FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (“Seagate”) (NASDAQ: STX) today announced the final results of the previously announced (i) offers to certain Eligible Holders (as defined below) to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes of the following eight series issued by Seagate HDD Cayman (“Seagate HDD”) (the “Old Notes”) for new notes to be issued by Seagate Data Storage Technology Pte. Ltd. (“SDST”) (the “New Notes”), and (ii) related solicitation of consents (each, a “Consent Solicitation” and collectively, the “Consent Solicitations”) by SDST from Eligible Holders to adopt certain proposed amendments (the “Proposed Amendments”) to each of the indentures governing the Old Notes (the “Existing Indentures”).
As of 5:00 p.m., New York City time, on June 26, 2025 (such date and time, the “Expiration Time”), an aggregate of $2,809,835,357 principal amount of Old Notes ha...
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26.06.25 - 22:09
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Starbucks Elects Dambisa Moyo and Marissa Mayer to its Board of Directors (Business Wire)
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SEATTLE--(BUSINESS WIRE)--Starbucks Coffee Company (NASDAQ: SBUX) today announced the election of Dr. Dambisa Moyo and Marissa Mayer to its Board of Directors, effective as of June 25, 2025.
Moyo has been co-principal of Versaca Investments, a family office focused on growth investing globally, since she co-founded it in 2021. With more than 30 years of experience analyzing macroeconomic and international affairs, Moyo is a skilled global economist.
She previously served as CEO of Mildstorm LLC, a financial and economics firm, from 2015 to 2021. Prior to that, she worked at Goldman Sachs and at the World Bank. Moyo is on the boards of Chevron Corporation and Condé Nast and previously served on the boards of SABMiller, Barclays Bank, 3M, and Seagate Technologies.
“It's a privilege to join the Starbucks Board of Directors and contribute to a company that has become a global symbol of connection, resilience, and innovation,” said Moyo. “Starbucks commitment to uplifting local communities and creating...
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17.06.25 - 05:06
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Sony to double HAMR semiconductor laser production capacity for HDDs (Digitimes)
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According to Nikkei, Sony Semiconductor Solutions, the semiconductor division of Sony Group, is set to double the production capacity of its semiconductor lasers designed for heat-assisted magnetic recording (HAMR) technology used in hard disk drives (HDDs). The decision follows Western Digital's plan to adopt Sony's HAMR semiconductor lasers after Seagate, the largest HDD manufacturer, had already integrated the technology. This expansion signals a strategic move to meet growing demand from the two dominant HDD producers....
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11.06.25 - 14:36
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Seagate Announces Early Participation Results and Amendment of Exchange Offers and Consent Solicitations for Senior Notes (Business Wire)
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FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (“Seagate”) (NASDAQ: STX) today announced the early results of the previously announced (i) offers to certain Eligible Holders (as defined below) to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes of the following eight series issued by Seagate HDD Cayman (“Seagate HDD”) (the “Old Notes”) for new notes to be issued by Seagate Data Storage Technology Pte. Ltd. (“SDST”) (the “New Notes”), and (ii) related solicitation of consents (each, a “Consent Solicitation” and collectively, the “Consent Solicitations”) by SDST from Eligible Holders to adopt certain proposed amendments (the “Proposed Amendments”) to each of the indentures governing the Old Notes (the “Existing Indentures”) that, if adopted, would eliminate substantially all restrictive covenants and certain of the default provisions and certain other provisions currently contained in the...
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