Cisco Prices $5 Billion of Senior Unsecured Notes

SAN JOSE, CA -- (Marketwired) -- 06/10/15 -- Cisco (NASDAQ: CSCO) today announced the pricing of five series of senior unsecured notes for an aggregate principal amount of $5 billion. The offering is expected to close on June 17, 2015, subject to customary closing conditions.

Of these notes, $900 million will mature in June 2018 and will bear interest at a floating rate equal to three-month LIBOR plus 31 basis points, $1.6 billion will mature in June 2018 and will bear interest at an annual rate of 1.650%, $1.5 billion will mature in June 2020 and will bear interest at an annual rate of 2.450%, $500 million will mature in June 2022 and will bear interest at an annual rate of 3.000% and $500 million will mature in June 2025 and will bear interest at an annual rate of 3.500%.

Cisco intends to use the net proceeds from this offering for general corporate purposes, including to return capital to shareholders pursuant to its previously-announced capital allocation strategy through the repurchase of shares of its common stock and the payment of cash dividends.

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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. 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:

Citigroup Global Markets Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Telephone: 1-800-831-9146 Email: [email protected]

Credit Suisse Securities (USA) LLC Attn: Prospectus Department One Madison Avenue New York, NY 10010 Telephone: 1-800-221-1037 Email: [email protected]

Goldman, Sachs & Co. Attn: Prospectus Department, 200 West Street New York, NY 10282 Telephone: 1-866-471-2526 Facsimile: (212) 902-9316 Email: [email protected]

Morgan Stanley & Co. LLC Attn: Prospectus Department 180 Varick Street, 2nd Floor New York, New York 10014 Email: [email protected]

Wells Fargo Securities, LLC Attn: WFS Customer Service 608 2nd Avenue South Minneapolis, MN 55402 Telephone: 1-800-645-3751 Email: [email protected]

J.P. Morgan Securities LLC Attn: High Grade Syndicate Desk - 3rd Floor 383 Madison Avenue New York, NY 10179 Telephone: 1-212-834-4533

Merrill Lynch, Pierce, Fenner & Smith Incorporated Attn: Prospectus Department 222 Broadway New York, NY 10038 Telephone: 1-800-294-1322 Email: [email protected]

Press Contacts:
Robyn Jenkins-Blum
Cisco
+1 (408) 853-9848
[email protected]

Andrea Duffy
Cisco
+1 (212) 714-4152
[email protected]

Investor Relations Contacts:
Marilyn Mora
Cisco
+1 (408) 527-7452
[email protected]

Suresh Bhaskaran
Cisco
+1 (408) 425-3927
[email protected]

Source: Cisco

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