Cisco Unveils $5B Debt Offering

By Erin Marie Daly

Law360, New York (November 10, 2009, 4:55 PM ET) -- Technology giant Cisco Systems Inc. said Monday it would sell off three series of senior unsecured notes for an aggregate principal amount of $5 billion.

In announcing the move, the San Jose, Calif.-based company said that of those notes, $500 million will mature in November 2014 and will bear interest at an annual rate of 2.90 percent, $2.5 billion will mature in January 2020 and will bear interest at an annual rate of 4.45 percent, and $2 billion will mature in January 2040 and will bear...
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