Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses
June 03 2025 - 4:49PM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration No. 333-287650
Issuer Free Writing Prospectus dated June 3, 2025
Relating to Preliminary Prospectus Supplement dated June 3, 2025
$500,000,000
AUTODESK, INC.
Pricing Term
Sheet
5.300% Notes due 2035
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Issuer: |
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Autodesk, Inc. |
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Format: |
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SEC Registered |
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Title: |
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5.300% Notes due 2035 (the notes) |
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Principal Amount: |
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$500,000,000 |
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Maturity Date: |
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June 15, 2035 |
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Coupon: |
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5.300% |
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Ratings*: |
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A3 by Moodys Investor Service, Inc. BBB+
by Standard & Poors Ratings Services |
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Price to Public: |
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99.737% of face amount |
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Underwriting Discount: |
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0.650% per note |
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Yield to Maturity: |
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5.334% |
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Spread to Benchmark Treasury: |
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T+87 basis points |
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Benchmark Treasury: |
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4.250% due May 15, 2035 |
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Benchmark Treasury Price and Yield: |
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98-09+; 4.464% |
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Interest Payment Dates: |
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Semi-annually on June 15 and December 15, commencing December 15, 2025, accruing from June 6, 2025 |
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Make-Whole Call: |
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At any time prior to March 15, 2035, at a discount rate of Treasury plus 15 basis points |
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Par Call: |
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On or after March 15, 2035 |
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Trade Date: |
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June 3, 2025 |
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Settlement Date**: |
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June 6, 2025 (T+3) |
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CUSIP/ISIN: |
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052769 AJ5 / US052769AJ50 |
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Joint Book-Running Managers: |
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Citigroup Global Markets Inc. BofA Securities,
Inc. J.P. Morgan Securities LLC BNP Paribas Securities
Corp. MUFG Securities Americas Inc. RBC Capital Markets,
LLC |
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Co-Managers: |
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Morgan Stanley & Co. LLC U.S. Bancorp
Investments, Inc. Wells Fargo Securities, LLC |
* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal
at any time.
** Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the
secondary market generally are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes more than one business day prior to the settlement date will be
required, by virtue of the fact that the notes initially will settle T+3, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement and should consult their own advisors.
The issuer has filed a registration statement (including a prospectus and preliminary prospectus supplement) with the SEC for the offering to which this
communication relates. Before you invest, you should read the prospectus in that registration statement 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, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and accompanying
prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 800-831-9146, BofA Securities, Inc. toll-free at 800-294-1322 or J.P. Morgan Securities LLC collect at 212-834-4533.
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