Cisco Systems, Inc. has announced the pricing of a series of Senior Notes due between 2026 and 2064, with the trade date set for February 21, 2024, and settlement following on February 26, 2024. The offering includes seven tranches with varying principal amounts totaling $13.5 billion. The notes, which are SEC Registered, have been rated A1 by Moody's and AA- by S&P, and will carry coupons ranging from 4.900% to 5.350%. The public offering prices are slightly below the principal amount, and the notes will be redeemable before their respective maturity dates. The offering is managed by a consortium of banks, including BofA Securities, Barclays Capital, and Citigroup Global Markets, among others. This issuance is part of Cisco's broader capital management strategy and provides investors with a range of maturities and yields to consider.

Cisco Systems, Inc. has announced the pricing of a series of Senior Notes due between 2026 and 2064, with the trade date set for February 21, 2024, and settlement following on February 26, 2024. The offering includes seven tranches with varying principal amounts totaling $13.5 billion. The notes, which are SEC Registered, have been rated A1 by Moody's and AA- by S&P, and will carry coupons ranging from 4.900% to 5.350%. The public offering prices are slightly below the principal amount, and the notes will be redeemable before their respective maturity dates. The offering is managed by a consortium of banks, including BofA Securities, Barclays Capital, and Citigroup Global Markets, among others. This issuance is part of Cisco's broader capital management strategy and provides investors with a range of maturities and yields to consider.