Filed pursuant to Rule 433
Registration No. 333-194090
Issuer Free Writing Prospectus dated June 10, 2015
Relating to Preliminary Prospectus Supplement dated June 10, 2015
PRICING TERM SHEET
Floating Rate Notes due 2018
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Expected Ratings (Moody’s / S&P)*: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $900,000,000 | |
| Maturity Date: | June 15, 2018 | |
| Coupon: | Three-month LIBOR + 31 bps | |
| Public Offering Price: | 100.000% of the Principal Amount | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275R AY8 / US17275RAY80 | |
| Trade Date: | June 10, 2015 | |
| Settlement Date**: | June 17, 2015 (T+5) | |
| Interest Payment Dates: | March 15, June 15, September 15 and December 15, commencing on September 15, 2015 (short first coupon) | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC Wells Fargo Securities, LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Senior Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of BB&T Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBC Capital Markets, LLC UBS Securities LLC | |
| Co-Manager: | Mischler Financial Group, Inc. |
1.650% Senior Notes due 2018
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Expected Ratings (Moody’s / S&P)*: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $1,600,000,000 | |
| Maturity Date: | June 15, 2018 | |
| Coupon: | 1.650% | |
| Public Offering Price: | 99.983% of the Principal Amount | |
| Benchmark Treasury: | 1.000% due May 15, 2018 | |
| Benchmark Treasury Price / Yield: | 99-22 1⁄4 / 1.106% | |
| Spread to Benchmark Treasury: | + 55 bps | |
| Yield to Maturity: | 1.656% | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount |
| CUSIP/ISIN: | 17275R AU6 / US17275RAU68 | |
| Trade Date: | June 10, 2015 | |
| Settlement Date**: | June 17, 2015 (T+5) | |
| Interest Payment Dates: | June 15 and December 15, commencing on December 15, 2015 (short first coupon) | |
| Make-Whole: | T+ 10 bps | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC Wells Fargo Securities, LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Senior Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of BB&T Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBC Capital Markets, LLC UBS Securities LLC | |
| Co-Manager: | Mischler Financial Group, Inc. |
2.450% Senior Notes due 2020
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Expected Ratings (Moody’s / S&P)*: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $1,500,000,000 | |
| Maturity Date: | June 15, 2020 | |
| Coupon: | 2.450% | |
| Public Offering Price: | 99.865% of the Principal Amount | |
| Benchmark Treasury: | 1.500% due May 31, 2020 | |
| Benchmark Treasury Price / Yield: | 98-21 3⁄4 / 1.779% | |
| Spread to Benchmark Treasury: | + 70 bps | |
| Yield to Maturity: | 2.479% | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275R AX0 / US17275RAX08 | |
| Trade Date: | June 10, 2015 | |
| Settlement Date**: | June 17, 2015 (T+5) | |
| Interest Payment Dates: | June 15 and December 15, commencing on December 15, 2015 (short first coupon) | |
| Make-Whole: | T+ 15 bps | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC Wells Fargo Securities, LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Senior Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of BB&T Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBC Capital Markets, LLC UBS Securities LLC | |
| Co-Manager: | Mischler Financial Group, Inc. |
3.000% Senior Notes due 2022
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Expected Ratings (Moody’s / S&P)*: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $500,000,000 | |
| Maturity Date: | June 15, 2022 | |
| Coupon: | 3.000% | |
| Public Offering Price: | 99.463% of the Principal Amount | |
| Benchmark Treasury: | 1.875% due May 31, 2022 | |
| Benchmark Treasury Price / Yield: | 97-28 / 2.206% | |
| Spread to Benchmark Treasury: | + 88 bps | |
| Yield to Maturity: | 3.086% | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275R AV4 / US17275RAV42 | |
| Trade Date: | June 10, 2015 | |
| Settlement Date**: | June 17, 2015 (T+5) | |
| Interest Payment Dates: | June 15 and December 15, commencing on December 15, 2015 (short first coupon) | |
| Make-Whole: | T+ 15 bps | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC Wells Fargo Securities, LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Senior Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of BB&T Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBC Capital Markets, LLC UBS Securities LLC | |
| Co-Manager: | Mischler Financial Group, Inc. |
3.500% Senior Notes due 2025
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Expected Ratings (Moody’s / S&P)*: | A1/AA- | |
| Security Type: | SEC Registered | |
| Principal Amount: | $500,000,000 | |
| Maturity Date: | June 15, 2025 | |
| Coupon: | 3.500% | |
| Public Offering Price: | 99.733% of the Principal Amount | |
| Benchmark Treasury: | 2.125% due May 15, 2025 | |
| Benchmark Treasury Price / Yield: | 96-28 / 2.482% | |
| Spread to Benchmark Treasury: | + 105 bps | |
| Yield to Maturity: | 3.532% | |
| Denominations: | $2,000 and any multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275R AW2 / US17275RAW25 | |
| Trade Date: | June 10, 2015 | |
| Settlement Date**: | June 17, 2015 (T+5) | |
| Interest Payment Dates: | June 15 and December 15, commencing on December 15, 2015 (short first coupon) | |
| Make-Whole: | T+ 20 bps | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC |
| Wells Fargo Securities, LLC J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
| Senior Co-Managers: | Barclays Capital Inc. BB&T Capital Markets, a division of BB&T Securities, LLC BNP Paribas Securities Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. RBC Capital Markets, LLC UBS Securities LLC | |
| Co-Manager: | Mischler Financial Group, Inc. |
| * | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
| ** | 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. |
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) Citigroup Global Markets Inc. toll free at 1-800-831-9146, (ii) Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037, (iii) Goldman, Sachs & Co. toll free at 1-866-471-2526, (iv) Morgan Stanley & Co. LLC toll free at 1-866-718-1649, (v) Wells Fargo Securities, LLC toll free at 1-800-645-3751, (vi) J.P. Morgan Securities LLC collect at 1-212-834-4533 and (vii) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322.