Simpson Thacher represented Cisco Systems, Inc. in connection with its offering of (i) $1,000,000,000 in aggregate principal amount of 4.550% Senior Notes due 2028; (ii) $1,000,000,000 in aggregate principal amount of 4.750% Senior Notes due 2030; (iii) $1,000,000,000 in aggregate principal amount of 4.950% Senior Notes due 2032; (iv) $1,250,000,000 in aggregate principal amount of 5.100% Senior Notes due 2035; and (v) $750,000,000 in aggregate principal amount of 5.500% Senior Notes due 2055. The net proceeds of the offering will be used for general corporate purposes, including the repayment of commercial paper borrowings.
Cisco Systems, Inc. designs and sells a broad range of technologies that help to power, secure and draw insights from the Internet.
The Simpson Thacher team included William Brentani, Daniel Webb, Anna LeGrett and Madison Santoli (Capital Markets); and Jonathan Cantor and Benjamin Bressler (Tax).