Friday, January 21, 2022
More
    HomeAutodesk Prices $500 Million Notes Offering
    Array

    Autodesk Prices $500 Million Notes Offering

    SAN RAFAEL, CA, USA, Jan 8, 2020 – Autodesk, Inc. (NASDAQ: ADSK) announced the pricing of its notes in an aggregate principal amount of $500 million in an underwritten, registered public offering. The notes will mature on January 15, 2030 and will bear interest at an annual rate of 2.850 percent. The notes are Autodesk’s senior unsecured obligations. The offering is expected to close on January 14, 2020, subject to customary closing conditions.

    Autodesk intends to use the net proceeds from the sale of the notes for general corporate purposes, which will include repaying $450 million in aggregate principal amount of its 3.125 percent notes due June 15, 2020, plus accrued and unpaid interest thereon together with a redemption premium.

    BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.

    The offering of the notes is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The offering of the notes will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from:

    BofA Securities, Inc. Citigroup Global Markets Inc. J.P. Morgan Securities LLC
    NC1-004-03-43, 200 North College Street, c/o Broadridge Financial Solutions 383 Madison Avenue
    3rd Floor 1155 Long Island Avenue New York, NY 10179
    Charlotte, NC  28255-0001 Edgewood, NY 11717 1-212-834-4533 (collect)
    Attention:  Prospectus Department 1-800- 831-9146
    dg.prospectus_requests@bofa.com prospectus@citi.com

     

    These documents will also be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes, nor shall there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    About Autodesk

    Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information, visit https://www.autodesk.com

    Sachin R Nalawadehttps://dailycadcam.com
    Founder and Editor DailyCADCAM. A highly-driven astute professional and avid marketer; equipped with a solid foundation in Academia; Manufacturing, CAD, CAM, CAE industry and Implementing Marketing Initiatives for Global Brands (All Design Software and Hardware Vendors).
    RELATED ARTICLES
    - Advertisment -

    Most Popular

    Recent Comments