Editorial contact Stefanie Notaney stefanie.notaney@hpe.com Investor contact Sonalee Parekh investor.relations@hpe.com | SAN JOSE, Calif. – (July 17, 2020) – Hewlett Packard Enterprise (“HPE”) (NYSE: HPE) today announced that on August 17, 2020 (the “Redemption Date”) it will redeem all $3,000,000,000 of the outstanding aggregate principal amount of its 3.600% Senior Notes due 2020 (CUSIP Nos. 42824CAE9, 42824CAG4, U42832AE2) (the “Notes”). The Notes will be redeemed at a redemption price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present value of the remaining scheduled payments of principal and interest thereon that would be due if the Notes matured on September 15, 2020 (exclusive of interest accrued to the Redemption Date), discounted to the Redemption Date on a semi-annual basis, plus a “make-whole” premium determined pursuant to the terms of the indenture governing the Notes and accrued but unpaid interest to, but not including, the Redemption Date (the “Redemption Price”). The Redemption Price will be calculated three business days prior to the Redemption Date in accordance with the terms of the indenture governing the Notes. On the Redemption Date, the Redemption Price shall become due and payable upon the Notes, and interest thereon shall cease to accrue on and after said date (unless HPE shall default in the payment of the Redemption Price). About Hewlett Packard Enterprise Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way we live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com. |