secwatch.observer — SEC 8-K summary
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Issuer:     CISCO SYSTEMS, INC. (CSCO)
CIK:        0000858877
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001193125-24-046231
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cisco issues $13.5B in senior notes to partially fund Splunk acquisition
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/0001193125-24-046231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858877/000119312524046231/d751183d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-046231

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