Hewlett Packard Enterprise to redeem $2.5 billion of 4.900% notes in September

Hewlett Packard Enterprise Co (NYSE:HPE), a $28.4 billion technology hardware and storage solutions provider, announced Monday it will redeem all $2.5 billion aggregate principal amount of its outstanding 4.900% Notes due 2025. The redemption is scheduled for September 17, 2025, according to a statement filed with the Securities and Exchange Commission.

The company stated the notes, identified by CUSIP numbers 42824C AP4, 42824C AW9, and U42832 AH5, will be redeemed at a price equal to 100% of the principal amount, plus accrued and unpaid interest up to, but not including, the redemption date. This redemption represents approximately 14% of HPE’s total debt of $17.6 billion, as tracked by InvestingPro.

Hewlett Packard Enterprise has instructed The Bank of New York Mellon (NYSE:BK) Trust Company, N.A., the trustee for the notes, to distribute a notice of redemption to all registered holders on Monday. Additional information regarding the procedure for redemption can be obtained from the trustee.

This information is based on a press release statement filed with the SEC.

In other recent news, Hewlett Packard Enterprise (HPE) announced it will begin shipping new ProLiant Compute servers featuring NVIDIA (NASDAQ:NVDA) RTX PRO 6000 Blackwell Server Edition GPUs starting September 2025. The company introduced two server configurations: the HPE ProLiant DL385 Gen11 and the HPE ProLiant Compute DL380a Gen12, which support up to two and eight GPUs, respectively. Additionally, HPE expanded its cybersecurity portfolio with new data protection solutions, unveiling a SASE copilot for HPE Aruba Networking and extending zero trust policy enforcement capabilities.

Subaru (OTC:FUJHY) has selected HPE’s Cray XD670 servers to enhance AI development for its EyeSight driver assistance system, aiming to achieve zero fatal traffic accidents by 2030. In analyst news, Citi resumed coverage of HPE stock with a Buy rating and a $25.00 price target, highlighting the benefits of HPE’s acquisition of Juniper Networks (NYSE:JNPR). This acquisition is expected to position HPE favorably in AI, enterprise networking, and edge computing growth areas.

Meanwhile, HPE shares experienced a slight decline following Super Micro Computer (NASDAQ:SMCI)’s disappointing quarterly results, which missed Wall Street estimates for revenue and profit. This miss signals potential market share losses to larger competitors like HPE in the high-performance server market. These developments reflect HPE’s ongoing efforts to strengthen its market position across various technology sectors.

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