Filed Pursuant to Rule 433
Registration No. 333-157177
November 9, 2009
Pricing Term Sheet for 5.50% Senior Notes due 2040
| Issuer: | Cisco Systems, Inc. | |
| Ticker: | CSCO | |
| Ratings: | A1/A+ | |
| Security Type: | SEC Registered | |
| Size: | $2,000,000,000 | |
| Maturity: | January 15, 2040 | |
| Coupon: | 5.50% | |
| Price: | 97.439% | |
| Benchmark Treasury: |
4.250% due May 2039 | |
| Yield: | 5.679% | |
| Spread: | +130 bps | |
| Treasury Security Yield: | 4.379% | |
| Minimum Denominations: | $2,000 and any integral multiple of $1,000 above that amount | |
| CUSIP/ISIN: | 17275RAF9/US17275RAF91 | |
| Trade Date: | November 9, 2009 | |
| Pay Dates: | January 15 and July 15, commencing on January 15, 2010 | |
| Make-Whole: | T+20 bps | |
| Settlement: | November 17, 2009 | |
| Bookrunners: | Barclays Capital Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc.
Banc of America Securities LLC HSBC Securities (USA) Inc. | |
| Senior Co-Managers: | Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated Wells Fargo Securities, LLC | |
| Co-Managers: | Blaylock Robert Van, LLC BNP Paribas Securities Corp. ING Financial Markets LLC Standard Chartered Bank UBS Securities LLC | |
Standard Chartered Bank is not a U.S. registered broker-dealer and, therefore, does not intend to effect any sales of the notes in the United States.
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 Barclays Capital Inc. toll-free 1-888-603-5847, (ii) calling Credit Suisse Securities (USA) LLC toll-free 1-800-221-1037, (iii) calling Deutsche Bank Securities Inc. toll-free 1-800-503-4611, (iv) calling Banc of America Securities LLC toll-free 1-800-294-1322 or (v) calling HSBC Securities (USA) Inc. toll free 1-866-811-8049.