Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
February 20 2020 - 4:24PM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration No. 333-221309
Issuer Free Writing Prospectus dated February 20, 2020
Relating to Preliminary Prospectus Supplement dated February 20, 2020
CITRIX SYSTEMS, INC.
FINAL TERM
SHEET
February 20, 2020
$750,000,000 3.300% Senior Notes due 2030
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Issuer:
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Citrix Systems, Inc.
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Format:
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SEC Registered
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Title:
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3.300% Senior Notes due 2030 (the “Notes”)
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Ratings*
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Ba1/BBB/BBB
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Principal Amount:
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$750,000,000
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Maturity Date:
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March 1, 2030
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Coupon (Interest Rate):
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3.300%
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Benchmark Treasury:
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1.500% due February 15, 2030
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Benchmark Treasury Price and Yield:
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99-24; 1.527%
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Spread to Benchmark Treasury:
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185 basis points
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Yield to Maturity:
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3.377%
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Price to Public:
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99.350% of the Principal Amount
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Interest Payment Dates:
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Semi-annually on each March 1 and September 1 of each year, commencing on September 1, 2020
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Make-Whole Call:
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At any time prior to December 1, 2029, at a discount rate of Treasury plus 30 basis points
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Par Call:
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On or after December 1, 2029
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Trade Date:
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February 20, 2020
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Settlement Date**:
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February 25, 2020 (T+3)
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CUSIP Number:
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177376 AF7
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ISIN Number:
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US177376AF70
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Joint Book-Running Managers:
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BofA Securities, Inc.
Deutsche Bank
Securities Inc.
J.P. Morgan Securities LLC
BNP Paribas
Securities Corp.
Citigroup Global Markets Inc.
Goldman
Sachs & Co. LLC
Wells Fargo Securities, LLC
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Co-Managers:
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Barclays Capital Inc.
Morgan
Stanley & Co. LLC
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*
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Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to
revision or withdrawal at any time.
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**
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Under Rule 15c6-1 of the Securities Exchange Act of 1934, as
amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to two business days before the
date of delivery will be required, by virtue of the fact that the notes initially settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the notes who wish to trade
the notes prior to two business days before the date of delivery should consult their advisors.
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The issuer has filed a
registration statement (including a prospectus dated November 3, 2017) and a preliminary prospectus supplement dated February 20, 2020 with the SEC for the offering to which this communication relates. Before you invest, you should read
the prospectus in that registration statement, the preliminary prospectus supplement 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, BofA Securities, Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC can arrange to send you the prospectus if you request it by calling or e-mailing BofA Securities, Inc. at 1-800-294-1322 or dg.prospectus_requests@bofa.com, Deutsche
Bank Securities Inc. at 1-800-503-4611 or J.P. Morgan Securities LLC at 1-212-834-4533.
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