Hewlett Packard Enterprise Company Announces Pricing of Senior Notes
September 11 2017 - 10:15PM
Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”)
(NYSE:HPE) today announced the pricing of $1,100,000,000 aggregate
principal amount of 2.100% notes due 2019 (the “Notes”). Hewlett
Packard Enterprise intends to use the net proceeds from this
offering to fund the repayment of the $750 million outstanding
principal amount of its 2.450% notes due 2017, the repayment of the
$350 million outstanding principal amount of its floating rate
notes due 2017, and for general corporate purposes, which may
include pursuing various mergers and acquisitions.
The issuance of the Notes is expected to close on September 20,
2017, subject to customary closing conditions.
The Notes being offered by Hewlett Packard Enterprise have not
been registered under the Securities Act of 1933, as amended (the
“Securities Act”), or any state securities laws. As a result, they
may not be offered or sold in the United States to any U.S. persons
absent registration under the Securities Act, except pursuant to an
applicable exemption from the registration requirements of the
Securities Act. Accordingly, the Notes are being offered only to
“qualified institutional buyers” under Rule 144A of the Securities
Act or, outside the United States, to persons other than “U.S.
persons” in compliance with Regulation S under the Securities
Act.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of the
Notes in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology
company that enables customers to go further, faster. With the
industry’s most comprehensive portfolio, spanning the cloud to the
data center to the intelligent edge, our technology and services
help customers around the world make IT more efficient, more
productive and more secure.
Forward-Looking Statements
The information included in this press release contains
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements involve risks, uncertainties and assumptions. If
the risks or uncertainties ever materialize or the assumptions
prove incorrect, the results of Hewlett Packard Enterprise may
differ materially from those expressed or implied by such
forward-looking statements and assumptions. All statements other
than statements of historical fact are statements that could be
deemed forward-looking statements, including any statements
regarding the Notes offering, statements of the plans, strategies
and objectives of Hewlett Packard Enterprise for future operations
and any statements of assumptions underlying any of the foregoing.
Other important factors that could cause the statements made in
this document or the actual results of operations or financial
condition of Hewlett Packard Enterprise to differ include, without
limitation, that the Notes offering is subject to market conditions
and a number of other conditions and approvals and the final terms
may vary substantially as a result of market and other conditions.
There can be no assurance that the Notes offering will be completed
as described herein or at all. Risks, uncertainties and assumptions
include the need to address the many challenges facing Hewlett
Packard Enterprise’s businesses; the competitive pressures faced by
Hewlett Packard Enterprise’s businesses; risks associated with
executing Hewlett Packard Enterprise’s strategy; the development
and transition of new products and services and the enhancement of
existing products and services to meet customer needs and respond
to emerging technological trends; the execution and performance of
contracts by Hewlett Packard Enterprise and its suppliers,
customers and partners; integration and other risks associated with
business combination and investment transactions; and other risks
that are described in Hewlett Packard Enterprise’s filings with the
Securities and Exchange Commission, including but not limited to
the risks described in Hewlett Packard Enterprise’s Annual Report
on Form 10-K for the fiscal year ended October 31, 2016 and Hewlett
Packard Enterprise’s Quarterly Reports on Form 10-Q for the fiscal
quarters ended January 31, April 30 and July 31, 2017. Hewlett
Packard Enterprise assumes no obligation and does not intend to
update these forward-looking statements.
Editorial contact:
Kate Holderness,
HPEcorpmediarelations@hpe.com
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