Filed pursuant to Rule 433
Registration No. 333-185265
Issuer Free Writing Prospectus dated June 2, 2015
Relating to Preliminary Prospectus Supplement dated June 2, 2015
AUTODESK, INC.
Pricing Term Sheet
3.125% notes due 2020
4.375% notes due 2025
Issuer: | Autodesk, Inc. | |
Format: | SEC Registered | |
Title: | 3.125% notes due 2020 (the 2020 Notes) 4.375% notes due 2025 (the 2025 Notes) | |
Principal Amount: | 2020 Notes: $450,000,000 2025 Notes: $300,000,000 | |
Maturity: | 2020 Notes: June 15, 2020 2025 Notes: June 15, 2025 | |
Coupon: | 2020 Notes: 3.125% 2025 Notes: 4.375% | |
Ratings*: | Baa2 by Moodys Investor Service, Inc. BBB by Standard & Poors Ratings Services | |
Price to Public: | 2020 Notes: 99.856% of face amount 2025 Notes: 99.637% of face amount | |
Yield to Maturity: | 2020 Notes: 3.156% 2025 Notes: 4.420% |
Spread to Benchmark Treasury: | 2020 Notes: T+155 bps 2025 Notes: T+215 bps | |
Benchmark Treasury: | 2020 Notes: 1.500% due May 31, 2020 2025 Notes: 2.125% due May 15, 2025 | |
Benchmark Treasury Price & Yield: | 2020 Notes: 99-15 3/4 ; 1.606% 2025 Notes: 98-23 ; 2.270% | |
Interest Payments: | Semi-annually on June 15 and December 15, commencing December 15, 2015 | |
Make-Whole Call: | 2020 Notes: At any time prior to May 15, 2020, at a discount rate of Treasury plus 25 basis points 2025 Notes: At any time prior to March 15, 2025, at a discount rate of Treasury plus 35 basis points | |
Par Call: | 2020 Notes: On or after May 15, 2020 2025 Notes: On or after March 15, 2025 | |
Trade Date: | June 2, 2015 | |
Settlement Date (T+3): | June 5, 2015 | |
CUSIP/ISIN: | 2020 Notes: 052769AC0 / US052769AC08 2025 Notes: 052769AD8 / US052769AD80 | |
Joint Book-Running Managers: | J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Wells Fargo Securities, LLC | |
Co-Managers: | Citigroup Global Markets Inc. Morgan Stanley & Co. LLC U.S. Bancorp Investments, Inc. |
* 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 J.P. Morgan Securities LLC collect at 1-212-834-4533, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322 or Wells Fargo Securities, LLC toll free at 1-800-645-3751.