Seagate HDD Cayman, founded in 1978 and headquartered in George Town, aims to provide cutting-edge data storage solutions to meet the growing demand for digital information management. The company primarily specializes in hard disk drives (HDDs) and solid-state drives (SSDs), catering to a wide range of customers, from individual consumers to large enterprises.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Seagate HDD Cayman has engaged in bond issuances since its inception, with its first significant offering occurring in 2012, which aimed to finance general corporate purposes. A notable issuance was the $1 billion bond made in 2017, designated for business expansion and operational investments, reflecting a competitive yield compared to industry standards. As of 2023, Seagate's bond yields are positioned favorably within the tech sector, marked by a recent upgrade in credit rating highlighting the firm's commitment to financial stability and investor confidence.