Cisco issues $5B in senior notes across five tranches; rates 4.55%-5.50%

CISCO SYSTEMS, INC.

$1B 4.550% notes due 2028, $1B 4.750% due 2030, $1B 4.950% due 2032, $1.25B 5.100% due 2035, $750M 5.500% due 2055.
Proceeds used for general corporate purposes, including repayment of commercial paper borrowings.
Notes are unsecured and rank equally with existing and future senior unsecured debt.
Underwriters include BNP Paribas, Goldman Sachs, HSBC, Morgan Stanley, and Wells Fargo.

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