SAN RAFAEL, Calif.,
Jan. 7, 2020 /PRNewswire/
-- Autodesk, Inc. (NASDAQ: ADSK) today 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.
Cautionary Statement
This press release contains
forward-looking statements within the meaning of the federal
securities laws. These statements involve risks and uncertainties
that could cause actual results to differ materially, including,
but not limited to, the satisfaction of customary closing
conditions with respect to the offering of the notes, prevailing
market conditions, and the anticipated use of the proceeds of the
offering of the notes which could change as a result of market
conditions or for other reasons, and corporate considerations and
the impact of general economic, industry or political conditions
in the United States or internationally. Additional risks
and uncertainties relating to the offering, Autodesk and
its business can be found under the heading "Risk Factors"
in Autodesk's Quarterly Report on Form 10-Q for the
quarter ended October 31, 2019, in the preliminary prospectus
supplement relating to the offering and the accompanying prospectus
filed with the SEC.
Autodesk disclaims any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made.
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.
Autodesk is a registered trademark of Autodesk,
Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand
names, product names or trademarks belong to their respective
holders. Autodesk reserves the right to alter product and service
offerings, and specifications and pricing at any time without
notice, and is not responsible for typographical or graphical
errors that may appear in this document.
© 2020 Autodesk, Inc. All rights reserved.
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SOURCE Autodesk, Inc.