Filed pursuant to Rule 433
Registration No. 333-157177
Issuer Free Writing Prospectus dated March 9, 2011
Relating to Preliminary Prospectus Supplement dated March 9, 2011
Pricing Term Sheet for 1.625% Senior Notes due 2014
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Ratings: | A1/A+ | |
| Security Type: | SEC Registered | |
| Size: | $2,000,000,000 | |
| Maturity: | March 14, 2014 | |
| Coupon: | 1.625% | |
| Price: | 99.881% | |
| Benchmark Treasury: | 1.250% due February 15, 2014 | |
| Yield: | 1.666% | |
| Spread: | + 50 bps | |
| Treasury Security Yield: | 1.166% | |
| Denominations: | $2,000 and any integral multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275RAJ1 / US17275RAJ14 | |
| Trade Date: | March 9, 2011 | |
| Pay Dates: | March 14 and September 14, commencing on September 14, 2011 | |
| Make-Whole: | T+ 10 bps | |
| Settlement: | March 16, 2011 | |
| Bookrunners: | Goldman, Sachs & Co. J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated Wells Fargo Securities, LLC | |
| Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of Scott & Stringfellow, LLC BNP Paribas Securities Corp. Credit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. ING Financial Markets LLC RBS Securities Inc. Standard Chartered Bank UBS Securities LLC | |
Standard Chartered Bank will not effect any offers or sales of any notes in the United States unless it is through one or more U.S. registered broker-dealers as permitted by the regulations of FINRA
Under Rule 15c6-1 of the Exchange Act, trades in the secondary market are required to settle in three business days, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of pricing or the next succeeding business day will be required, by virtue of the fact
that the notes initially will settle in T+5, to specify alternative settlement arrangements to prevent a failed settlement.
A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by (i) calling Goldman, Sachs & Co. toll-free 1-866-471-2526, (ii) calling J.P. Morgan Securities LLC collect at (212) 834-4533, (iii) calling Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free 1-800-294-1322, (iv) Citigroup Global Markets Inc. toll-free 1-877-858-5407, (v) Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649, (vi) Wells Fargo Securities, LLC toll-free at 1-800-326-5897.
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