Fenwick Represents Cisco in $6.25 Billion Senior Notes Offering

September 20, 2016

Fenwick & West represented Cisco Systems, Inc. (NASDAQ: CSCO), a provider of products, services and integrated solutions to develop and connect networks around the world, in its underwritten public offering of $500,000,000 aggregate principal amount of floating rate notes, $1,500,000,000 aggregate principal amount of notes due 2019, $2,000,000,000 aggregate principal amount of notes due 2021, $750,000,000 aggregate principal amount of notes due 2023 and $1,500,000,000 aggregate principal amount of notes due 2026, with gross proceeds of approximately $6,250,000,000. The offering was made pursuant to an effective shelf registration statement previously filed with the SEC.

Citigroup Global Markets Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co., Wells Fargo Securities, LLC, Barclays Capital Inc., BB&T Capital Markets a division of BB&T Securities, LLC, BNP Paribas Securities Group, Credit Suisse Securities (USA) LLC, Lloyds Securities Inc., RBC Capital Markets, LLC and Academy Securities Inc. acted as underwriters.

The Fenwick transaction team included corporate partners Bill Hughes and David Michaels, and associates Julia Forbess and Victoria Wong.