Filed Pursuant to Rule 433
Registration No. 333-194090
Issuer Free Writing Prospectus dated February 24, 2014
Relating to Preliminary Prospectus Supplement dated February 24, 2014
Pricing Term Sheet for 2.900% Senior Notes due 2021
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Ratings: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $500,000,000 | |
| Maturity: | March 4, 2021 | |
| Coupon: | 2.900% | |
| Price: | 99.818% | |
| Benchmark Treasury: | 2.125% due January 31, 2021 | |
| Yield: | 2.929% | |
| Spread: | +75 bps | |
| Treasury Security Yield: | 2.179% | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275RAP7 / US17275RAP73 | |
| Trade Date: | February 24, 2014 | |
| Pay Dates: | March 4 and September 4, commencing on September 4, 2014 | |
| Make-Whole: | T+15 bps | |
| Settlement: | March 3, 2014 | |
| Bookrunners: | Barclays Capital Inc.
Deutsche Bank Securities Inc.
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Citigroup Global Markets Inc.
HSBC Securities (USA) Inc.
Wells Fargo Securities, LLC | |
| Co-Managers: | BB&T Capital Markets, a division of BB&T Securities, LLC
BNP Paribas Securities Corp.
Credit Suisse Securities (USA) LLC
Goldman, Sachs & Co.
Morgan Stanley & Co. LLC
RBS Securities Inc. | |
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 calling (i) Barclays Capital Inc. toll free at 1-888-603-5847, (ii) Deutsche Bank Securities Inc. toll free at 1-800-503-4611, (iii) J.P. Morgan Securities LLC collect at 212-834-4533 and (iv) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322.