Cisco Prices $4 Billion of Senior Unsecured Notes
SAN JOSE, California - February 9, 2009 - Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $4 billion. The offering is expected to close on February 17, 2009.
Of these notes, $2 billion will mature in February 2019 and will bear interest at an annual rate of 4.95%, and $2 billion will mature in February 2039 and will bear interest at an annual rate of 5.90%. The 4.95% notes due February 2019 and the 5.90% notes due February 2039 were priced to yield 4.979% and 5.916%, respectively.
Cisco intends to use the net proceeds from this offering for general corporate purposes and to repay $500 million in aggregate principal amount of its floating rate notes due 2009.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering of securities may be made only by means of a prospectus supplement and accompanying prospectus. Copies of the prospectus supplement and the accompanying prospectus can be obtained from:
|Banc of America Securities LLC||Goldman, Sachs & Co.||J. P. Morgan Securities Inc.|
100 West 33rd Street,
New York, New York 10001
85 Broad St.
New York, NY 10004
|270 Park Avenue, 8th Floor|
New York, NY 10017
Attn: Investment Grade Syndicate Desk
|Citigroup Global Markets Inc.||Morgan Stanley & Co. Incorporated||Wachovia Capital Markets, LLC|
Brooklyn Army Terminal
140 58th Street, 8th Floor
Brooklyn, NY 11220
180 Varick Street, 2nd Floor
New York, NY 10014
|Wachovia Customer Information Center|
1525 West W.T. Harris Blvd., NC0675
Charlotte, North Carolina 28262
Attn: Syndicate Operations
About Cisco Systems
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information on Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.
Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. and/or its affiliates in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
Most Recent NewsArchipelago International and Cisco Transform the Hospitality Industry in Indonesia
Cisco Completes Acquisition of Insieme Networks
Network Trailblazer: A Conversation with Bob Pittman
By Kevin Maney 12/10/2013