SEC Form FWP filed by Hewlett Packard Enterprise Company
Pricing Term Sheet
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Free Writing Prospectus
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dated as of September 8, 2025
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Filed Pursuant to Rule 433
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Supplementing the
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Preliminary Prospectus Supplement dated September 8, 2025 to the
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Prospectus dated December 22, 2023
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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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September 8, 2025
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Settlement Date**:
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September 15, 2025 (T+5)
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Maturity Date:
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2027 Notes: September 15, 2027
Floating Rate Notes: September 15, 2028
2028 Notes: September 15, 2028
2030 Notes: October 15, 2030
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Principal Amount Offered:
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2027 Notes: $900,000,000
Floating Rate Notes: $300,000,000
2028 Notes: $850,000,000
2030 Notes: $850,000,000
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Price to Public (Issue Price):
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2027 Notes: 99.949% of the principal amount
Floating Rate Notes: 100.000% of the principal amount
2028 Notes: 99.964% of the principal amount
2030 Notes: 99.905% of the principal amount
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Interest Rate:
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2027 Notes: 4.050%
Floating Rate Notes: Compounded SOFR plus 96 basis points
2028 Notes: 4.150%
2030 Notes: 4.400%
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Interest Payment Dates:
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2027 Notes: Semi-annually in arrears on March 15 and September 15, beginning on March 15, 2026
Floating Rate Notes: Quarterly on March 15, June 15, September 15 and December 15 of each year, beginning on December 15, 2025
2028 Notes: Semi-annually in arrears on March 15 and September 15, beginning on March 15, 2026
2030 Notes: Semi-annually in arrears on April 15 and October 15, beginning on April 15, 2026
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Benchmark Treasury:
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2027 Notes: 3.625% UST due August 31, 2027
Floating Rate Notes: N/A
2028 Notes: 3.625% UST due August 15, 2028
2030 Notes: 3.625% UST due August 31, 2030
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Benchmark Treasury Price and Yield:
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2027 Notes: 100-073/4; 3.497%
Floating Rate Notes: N/A
2028 Notes: 100-141/4; 3.463%
2030 Notes: 100-08; 3.570%
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Spread to Benchmark Treasury:
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2027 Notes: +58 basis points
Floating Rate Notes: N/A
2028 Notes: +70 basis points
2030 Notes: +85 basis points
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Re-offer Yield:
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2027 Notes: 4.077%
Floating Rate Notes: N/A
2028 Notes: 4.163%
2030 Notes: 4.420%
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Day Count Convention:
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Floating Rate Notes: Actual/360
Fixed Rate Notes: 30/360
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Make-whole Call:
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2027 Notes: Treasury Rate + 10 basis points at any time prior to September 15, 2027 (the maturity date of the 2027 Notes)
Floating Rate Notes: N/A
2028 Notes: Treasury Rate + 15 basis points at any time prior to August 15, 2028 (the Par Call Date of the 2028 Notes)
2030 Notes: Treasury Rate + 15 basis points at any time prior to September 15, 2030 (the Par Call Date of the 2030 Notes)
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Par Call:
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2027 Notes: N/A
Floating Rate Notes: N/A
2028 Notes: At any time on or after August 15, 2028
2030 Notes: At any time on or after September 15, 2030
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CUSIP / ISIN:
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2027 Notes: 42824C CB3 / US42824CCB37
Floating Rate Notes: 42824C BY4 / US42824CBY49
2028 Notes: 42824C BZ1 / US42824CBZ14
2030 Notes: 42824C CA5 / US42824CCA53
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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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Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.
HSBC Securities (USA) Inc.
NatWest Markets Securities Inc.
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Co-Managers:
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BNP Paribas Securities Corp.
BofA Securities, Inc.
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
Wells Fargo Securities, LLC
Barclays Capital Inc.
Santander US Capital Markets LLC
SG Americas Securities, LLC
TD Securities (USA) LLC
Goldman Sachs & Co. LLC
ING Financials 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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