HP's PC, printer company to assume most debt

San Francisco

HP Inc, the personal computer and printer company that will emerge from the split of Hewlett-Packard Co, could be liable for most of the debt of the parent company, a regulatory filing suggests.

Hewlett-Packard Enterprise, the other post-split entity that will focus on corporate computers and services, had total debt of US$1.45 billion, excluding its finance arm, as of April 30, 2015, according to a filing with the US Securities and Exchange Commission on Wednesday. The unified Hewlett-Packard had US$21.06 billion in long-term and short-term borrowings as of that date, according to data compiled by Bloomberg. The data suggests that a larger portion of debt obligations is attributable to HP Inc, though the company said it hasn't determined the final totals.