Hewlett Packard Enterprise Company Announces Offering Of Senior Notes

PALO ALTO, Calif., Sept. 11, 2017 (GLOBE NEWSWIRE) -- Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”) (NYSE:HPE) today announced the offering of senior notes (the “Notes”). The Notes will be senior unsecured obligations of Hewlett Packard Enterprise and will rank equally in right of payment with all of Hewlett Packard Enterprise’s existing and future senior unsecured indebtedness. 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 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.

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