--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-046231" form_type: "8-K" ticker: "CSCO" cik: "0000858877" company_name: "CISCO SYSTEMS, INC." filed_at: "2024-02-26T23:59:59+00:00" generated_at: "2026-06-05T16:09:32.291921+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Cisco issues $13.5B in senior notes to partially fund Splunk acquisition ## Summary - Issued $13.5B aggregate principal across 7 tranches: 2026-2064 maturities, coupons 4.800%-5.350%. - Proceeds for general corporate purposes including partial financing of pending Splunk Inc. acquisition. - Special mandatory redemption at 101% of principal plus interest if Splunk deal not closed or abandoned. - Notes are unsecured, rank equally with other senior unsecured debt; underwritten by BofA, Barclays, Citi, Deutsche Bank, J.P. Morgan, Wells Fargo. - Interest payable semiannually; optional redemption at make-whole premium or at par in months before maturity. ## SEC filing metadata - accession: 0001193125-24-046231 - form_type: 8-K - ticker: CSCO - cik: 0000858877 - company_name: CISCO SYSTEMS, INC. - filed_at: 2024-02-26T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/d751183d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-046231 - JSON: https://secwatch.observer/filing/0001193125-24-046231.json - Plain text: https://secwatch.observer/filing/0001193125-24-046231.txt ## Key facts - Debt Financings CISCO SYSTEMS, INC. incurred senior notes of $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026, $2,000,000,000 principal amount of its 4.800% Senio with The Bank of New York Mellon Trust Company, N.A. at 4.900% per annum, 4.800% per annum, 4.850% per annum, 4.950% per annum, 5.050% p maturing February 26, 2026, February 26, 2027, February 26, 2029, February 26, 2031, February 26, 2034, February 26, 2054 and February 26, 2064. - Instrument: senior notes - Principal: $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026, $2,000,000,000 principal amount of its 4.800% Senio - Counterparty: The Bank of New York Mellon Trust Company, N.A. - Rate: 4.900% per annum, 4.800% per annum, 4.850% per annum, 4.950% per annum, 5.050% p - Maturity: February 26, 2026, February 26, 2027, February 26, 2029, February 26, 2031, February 26, 2034, February 26, 2054 and February 26, 2064 - Event: incurrence source text: On February 26, 2024, Cisco Systems, Inc. (the “Company”) issued $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026 (the “2026 Notes”), $2,000,000,000 principal amount of its 4.800% Senior Notes due 2027 (the “2027 Notes”), $2,500,000,000 principal amount of its 4.850% Senior Notes due 2029 (the “2029 Notes”), $2,500,000,000 principal amount of its 4.950% Senior Notes due 2031 (the “2031 Notes”), $2,500,000,000 principal amount of its 5.050% Senior Notes due 2034 (the “2034 Notes”), $2,000,000,000 principal amount of its 5.300% Senior Notes due 2054 (the “2054 Notes”) and $1,000,000,000 principal amount of its 5.350% Senior Notes due 2064 (the “2064 Notes” evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm - Material Agreements CISCO SYSTEMS, INC. entered into First Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. (effective 2024-02-26). - Action: entry - Agreement: notes offering - Counterparty: The Bank of New York Mellon Trust Company, N.A. - Effective: 2024-02-26 source text: as supplemented by the First Supplemental Indenture, dated as of February 26, 2024 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm - Material Agreements CISCO SYSTEMS, INC. entered into Base Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $13,500,000,000 (effective 2024-02-26). - Action: entry - Agreement: notes offering - Counterparty: The Bank of New York Mellon Trust Company, N.A. - Value: $13,500,000,000 - Effective: 2024-02-26 source text: On February 26, 2024, Cisco Systems, Inc. (the “Company”) issued $1,000,000,000 principal amount of its 4.900% Senior Notes due 2026 evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm - Material Agreements CISCO SYSTEMS, INC. entered into Underwriting Agreement with BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC (effective 2024-02-21). - Action: entry - Agreement: underwriting - Counterparty: BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC - Effective: 2024-02-21 source text: The Notes were sold pursuant to an underwriting agreement, dated February 21, 2024 (the “Underwriting Agreement”), among the Company and BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC on behalf of the several underwriters named therein. evidence_url: https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.