HPE (NYSE: HPE) plans $2.5B redemption of 4.900% 2025 notes issue

Rhea-AI Filing Summary

Hewlett Packard Enterprise Company plans to redeem $2.5 billion aggregate principal amount of its outstanding 4.900% Notes due 2025 on September 17, 2025. These notes will be redeemed at a price equal to 100% of their principal amount, plus accrued and unpaid interest to, but not including, the redemption date. The company has directed The Bank of New York Mellon Trust Company, N.A., as trustee, to send redemption notices to all registered holders and provide information on the procedures for redeeming the notes.

Positive

• Full redemption of $2.5B 4.900% notes removes an entire tranche of fixed-rate debt due 2025 at par plus accrued interest, reducing future interest obligations on this principal amount.

Negative

• None.

Insights

Corporate credit and capital structure analyst

HPE is fully redeeming $2.5B of 4.900% notes due 2025 at par plus interest.

Hewlett Packard Enterprise has elected to redeem all $2.5 billion aggregate principal amount of its outstanding 4.900% Notes due 2025. The redemption is scheduled for September 17, 2025 at 100% of principal, plus accrued and unpaid interest to, but not including, the redemption date. This transaction retires a defined tranche of fixed-rate debt carrying a 4.900% coupon.

The decision concentrates cash outflow around the notes’ redemption date but removes ongoing 4.900% interest payments on this $2.5 billion principal amount thereafter. The filing specifies that The Bank of New York Mellon Trust Company, N.A. will distribute formal redemption notices and instructions, so execution depends on standard trustee-administered processes rather than market conditions.

For investors focused on HPE’s balance sheet and interest expense profile, this move clearly reduces the company’s outstanding 4.900% Notes due 2025 by the full $2.5 billion principal amount. Subsequent company disclosures may provide additional context on how this redemption fits into broader financing and capital allocation plans.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
			FORM			8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
August 18, 2025
Date of Report (Date of Earliest Event Reported)
HEWLETT PACKARD ENTERPRISE COMPANY
(Exact name of registrant as specified in its charter)
Delaware			001-37483						47-3298624
(State or other jurisdiction of incorporation)			(Commission File Number)						(I.R.S. Employer Identification No.)

1701 East Mossy Oaks Road,			Spring,			TX			77389
(Address of principal executive offices)									(Zip code)

(678)			259-9860
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.01 per share

HPE

NYSE

7.625% Series C Mandatory Convertible Preferred Stock, par value $0.01 per share

HPEPrC

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐			Emerging growth company
☐			If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01 Other Events.

On August 18, 2025, Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”) elected to redeem all $2.5 billion aggregate principal amount of its outstanding 4.900% Notes due 2025, CUSIP Numbers: 42824C AP4, 42824C AW9, and U42832 AH5 (the “Notes”), on September 17, 2025 (the “Redemption Date”). The Notes will be redeemed at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but not including, the Redemption Date.

Hewlett Packard Enterprise has instructed The Bank of New York Mellon Trust Company, N.A., as the trustee for the Notes, to distribute a notice of redemption to all registered holders of the Notes on August 18, 2025. Copies of such notice of redemption and additional information relating to the procedure for redemption of the Notes may be obtained from The Bank of New York Mellon Trust Company, N.A.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HEWLETT PACKARD ENTERPRISE COMPANY

DATE: August 18, 2025

By:

/s/ David Antczak

Name:

David Antczak

Title:

Senior Vice President, General Counsel and Corporate Secretary

FAQ

What did Hewlett Packard Enterprise (HPE) disclose in this 8-K?

Hewlett Packard Enterprise disclosed that it elected to redeem all $2.5 billion aggregate principal amount of its outstanding 4.900% Notes due 2025 on September 17, 2025, at 100% of principal plus accrued and unpaid interest.

How much of HPE's debt is being redeemed and at what price?

HPE is redeeming $2.5 billion aggregate principal amount of its 4.900% Notes due 2025 at a redemption price equal to 100% of the principal amount, plus accrued and unpaid interest to, but not including, the redemption date.

When is the redemption date for HPE's 4.900% Notes due 2025?

The redemption date for Hewlett Packard Enterprise's 4.900% Notes due 2025 is September 17, 2025.

Which trustee is handling the redemption of HPE's 4.900% Notes due 2025?

The Bank of New York Mellon Trust Company, N.A. is the trustee handling the redemption, and it has been instructed to distribute redemption notices and procedural information to all registered holders.

What interest rate applies to the HPE notes being redeemed?

The notes being redeemed by Hewlett Packard Enterprise carry a 4.900% interest rate and are referred to as the 4.900% Notes due 2025.

Will holders of HPE's 4.900% Notes due 2025 receive accrued interest?

Yes, holders will receive a redemption price equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest to, but not including, the September 17, 2025 redemption date.