November 09, 2009 18:11 ET

Cisco Prices $5 Billion of Senior Unsecured Notes

SAN JOSE, CA--(Marketwire - November 9, 2009) -  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
c/o Broadridge Integrated Distribution Service
1155 Long Island Avenue
Edgewood, NY 11717
  Credit Suisse Securities (USA) LLC
Prospectus Department
One Madison Avenue
New York, NY 10010
Deutsche Bank Securities Inc.
Attn: Prospectus Department
Harborside Financial Center
100 Plaza One
Jersey City, NJ 07311-3988
  Banc of America Securities LLC
Prospectus Department
100 West 33rd Street
New York, NY  10001
HSBC Securities (USA) Inc.
c/o Broadridge
1155 Long Island Avenue, Bay 1-7
Edgewood, NY 11717
  J.P. Morgan Securities Inc.
270 Park Avenue
New York, NY 10017
Attn - Investment Grade Syndicate Desk

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate.

Contact Information