Cisco Prices $5 Billion of Senior Unsecured Notes
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SAN JOSE, CA -- (MARKET WIRE) -- 11/09/09 -- Cisco (NASDAQ: CSCO) today announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $5 billion. The offering is expected to close on November 17, 2009.
Of these notes, $500 million will mature in November 2014 and will bear interest at an annual rate of 2.90%, $2.5 billion will mature in January 2020 and will bear interest at an annual rate of 4.45%, and $2 billion will mature in January 2040 and will bear interest at an annual rate of 5.50%. The 2.90% notes due November 2014, the 4.45% notes due January 2020, and the 5.50% notes due January 2040 were priced to yield 2.955%, 4.469% and 5.679%, respectively.
Cisco intends to use the net proceeds from this offering for general corporate purposes.
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:
Barclays Capital Inc. Credit Suisse Securities (USA) LLC c/o Broadridge Integrated Distribution Prospectus Department Service One Madison Avenue 1155 Long Island Avenue New York, NY 10010 Edgewood, NY 11717 1-800-221-1037 E-mail: barclaysprospectus@broadridge.com 1-888-603-5847 Deutsche Bank Securities Inc. Banc of America Securities LLC Attn: Prospectus Department Prospectus Department Harborside Financial Center 100 West 33rd Street 100 Plaza One New York, NY 10001 Jersey City, NJ 07311-3988 1-800-294-1322 1-800-503-4611 HSBC Securities (USA) Inc. J.P. Morgan Securities Inc. c/o Broadridge 270 Park Avenue 1155 Long Island Avenue, Bay 1-7 New York, NY 10017 Edgewood, NY 11717 Attn - Investment Grade Syndicate 1-866-811-8049 Desk 1-212-834-4533
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate.
Press Contact: John Earnhardt Cisco +1 (408) 527-2180 jearnhar@cisco.com Investor Relations Contact: Laura Graves Cisco +1 (408) 526-6521 lagraves@cisco.com
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