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Form 8-K · Current Report · Filed 2024-02-08

Cisco Systems, Inc. Announces Third Amended Credit Agreement and Increases Commercial Paper Program

On February 2, 2024, Cisco Systems, Inc. entered into the Third Amended and Restated Credit Agreement, establishing a five-year $5.0 billion unsecured revolving credit facility. On February 6, 2024, Cisco increased the size of its commercial paper program from $10 billion to $15 billion.

Filer
Cisco Systems, Inc. CSCO · NASDAQ
Filed
Accession
0001193125-24-028353
CIK
0000858877
Signal
Medium impactTechnology

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 8.01

Other Events

No viable tag
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$49.77

Next session

+0.7%

Since filing

+133.1%

Latest close

$115.99

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Cisco Systems, Inc.

Cisco Systems, Inc. is a global leader in networking and IT. The company's core business is to design and sell a range of technologies that power the internet. Cisco is renowned for its routers, switches, cybersecurity solutions, and wireless systems, which serve as the backbone for digital communication networks worldwide. The company's products and solutions are crucial for the seamless operation of data centers, enterprise networks, and telecommunication infrastructures. Cisco Systems, Inc. plays a pivotal role in connecting businesses, governments, and individuals across multiple sectors, fostering the growth of cloud computing, IoT (Internet of Things), and remote work capabilities. With a focus on innovation and sustainability, Cisco continuously develops new technologies to enhance network performance and security. Based in San Jose, California, and founded in 1984, Cisco is a respected pioneer in its field, significantly contributing to the digital transformation initiatives of organizations globally. Its expansive reach and comprehensive portfolio make it a fundamental entity in shaping how we connect and communicate.

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