Cisco Systems announced the issuance of $5 billion in senior notes on February 24, 2025, structured across five tranches with maturities ranging from 2028 to 2055. The offering includes $1 billion each of 4.55% notes due 2028, 4.75% notes due 2030, and 4.95% notes due 2032, along with $1.25 billion of 5.1% notes due 2035 and $750 million of 5.5% notes due 2055.The notes are unsecured and will rank equally with Cisco's existing senior unsecured debt. Interest payments will be made semiannually, with the company retaining early redemption options at specified dates before maturity. The proceeds will be used for general corporate purposes, including the repayment of commercial paper borrowings.The offering was executed through an underwriting agreement with major financial institutions including BNP Paribas Securities, Goldman Sachs, HSBC Securities, Morgan Stanley, and Wells Fargo Securities. The notes were issued under an Indenture with The Bank of New York Mellon Trust Company serving as trustee.

Cisco Systems announced the issuance of $5 billion in senior notes on February 24, 2025, structured across five tranches with maturities ranging from 2028 to 2055. The offering includes $1 billion each of 4.55% notes due 2028, 4.75% notes due 2030, and 4.95% notes due 2032, along with $1.25 billion of 5.1% notes due 2035 and $750 million of 5.5% notes due 2055.The notes are unsecured and will rank equally with Cisco's existing senior unsecured debt. Interest payments will be made semiannually, with the company retaining early redemption options at specified dates before maturity. The proceeds will be used for general corporate purposes, including the repayment of commercial paper borrowings.The offering was executed through an underwriting agreement with major financial institutions including BNP Paribas Securities, Goldman Sachs, HSBC Securities, Morgan Stanley, and Wells Fargo Securities. The notes were issued under an Indenture with The Bank of New York Mellon Trust Company serving as trustee.