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|
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.
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