SEC Form FWP filed by Hewlett Packard Enterprise Company
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Pricing Term Sheet
dated as of March 16, 2026
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Free Writing Prospectus
Filed Pursuant to Rule 433
Supplementing the
Preliminary Prospectus Supplement dated March 16, 2026 to the
Prospectus dated December 22, 2023
Registration No. 333-276221
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Issuer:
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Hewlett Packard Enterprise Company
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Ratings (Moody’s / S&P / Fitch)*:
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Baa2/BBB/BBB+
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Trade Date:
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March 16, 2026
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Settlement Date**:
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March 23, 2026 (T+5)
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Denominations:
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$2,000 × $1,000
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Joint Book-Running Managers:
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Barclays Capital Inc.
BofA Securities, Inc.
SG Americas Securities, LLC
Wells Fargo Securities, LLC
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Co-Managers:
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BNP Paribas Securities Corp.
Citigroup Global Markets Inc.
HSBC Securities (USA) Inc.
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
Deutsche Bank Securities Inc.
NatWest Markets Securities Inc.
Santander US Capital Markets LLC
TD Securities (USA) LLC
Goldman Sachs & Co. LLC
ING Financial Markets LLC
Loop Capital Markets LLC
U.S. Bancorp Investments, Inc.
ANZ Securities, Inc.
CIBC World Markets Corp.
Credit Agricole Securities (USA) Inc.
Oversea-Chinese Banking Corporation Limited
Standard Chartered Bank
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Principal Amount Offered:
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2028 Notes: $500,000,000
2029 Notes: $600,000,000
2033 Notes: $600,000,000
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Maturity Date:
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2028 Notes: March 23, 2028
2029 Notes: March 23, 2029
2033 Notes: April 1, 2033
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Price to Public (Issue Price):
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2028 Notes: 99.936% of the principal amount
2029 Notes: 99.875% of the principal amount
2033 Notes: 99.842% of the principal amount
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Interest Rate:
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2028 Notes: 4.500%
2029 Notes: 4.600%
2033 Notes: 5.250%
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Interest Payment Dates:
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2028 Notes: Semi-annually in arrears on March 23 and September 23, beginning on September 23, 2026
2029 Notes: Semi-annually in arrears on March 23 and September 23, beginning on September 23, 2026
2033 Notes: Semi-annually in arrears on April 1 and October 1, beginning on October 1, 2026
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Benchmark Treasury:
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2028 Notes: 3.375% UST due February 29, 2028
2029 Notes: 3.500% UST due March 15, 2029
2033 Notes: 3.750% UST due February 28, 2033
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Benchmark Treasury Price and Yield:
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2028 Notes: 99-13+; 3.684%
2029 Notes: 99-14+; 3.695%
2033 Notes: 98-14+; 4.007%
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Spread to Benchmark Treasury:
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2028 Notes: +85 basis points
2029 Notes: +95 basis points
2033 Notes: +127 basis points
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Re-offer Yield:
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2028 Notes: 4.534%
2029 Notes: 4.645%
2033 Notes: 5.277%
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Day Count Convention:
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30/360
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Make-whole Call:
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2028 Notes: Treasury Rate +15 basis points at any time prior to March 23, 2028 (the maturity date of the 2028 Notes)
2029 Notes: Treasury Rate +15 basis points at any time prior to February 23, 2029 (the Par Call Date of the 2029 Notes)
2033 Notes: Treasury Rate +20 basis points at any time prior to February 1, 2033 (the Par Call Date of the 2033 Notes)
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Par Call:
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2028 Notes: N/A
2029 Notes: At any time on or after February 23, 2029
2033 Notes: At any time on or after February 1, 2033
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CUSIP / ISIN:
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2028 Notes: 42824C CC1 / US42824CCC10
2029 Notes: 42824C CD9 / US42824CCD92
2033 Notes: 42824C CE7 / US42824CCE75
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Principal Amount Offered:
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$300,000,000
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Maturity Date:
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March 23, 2028
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Price to Public (Issue Price):
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100.000% of the principal amount
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Interest Rate:
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Compounded SOFR plus 98 basis points
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Interest Payment Dates:
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Quarterly on March 23, June 23, September 23 and December 23 of each year, beginning on June 23, 2026
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Day Count Convention:
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Actual/360
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CUSIP / ISIN:
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42824C CF4 / US42824CCF41
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