Filed Pursuant to Rule 424(b)(5)
Registration No. 333-240362
PROSPECTUS SUPPLEMENT
(To Prospectus Dated August 4, 2020)
$1,200,000,000

Cintas Corporation No. 2
$400,000,000 3.450% Senior Notes due 2025
$800,000,000 4.000% Senior Notes due 2032
Fully and Unconditionally Guaranteed by
Cintas Corporation
We are offering $400,000,000 aggregate principal
amount of 3.450% senior notes due 2025, which we refer to as the
“2025 notes,” and $800,000,000 aggregate principal amount of 4.000%
senior notes due 2032, which we refer to as the “2032 notes.” We
refer to the 2025 notes and the 2032 notes, collectively, as the
“notes.”
We will pay interest on the notes on May 1 and
November 1 of each year, beginning on November 1, 2022. The 2025
notes will mature on May 1, 2025. The 2032 notes will mature on May
1, 2032. The notes will be issued only in denominations of $2,000
and integral multiples of $1,000 above that amount.
We intend to use the net proceeds from this
offering to (i) redeem all of our outstanding 3.250% Senior
Notes due 2022, which we refer to as the “3.250% notes,” and
(ii) repay outstanding borrowings under our revolving credit
facility. We intend to use any remaining net proceeds from this
offering for general corporate purposes.
We have the option to redeem some or all of the
notes at any time and from time to time, as described under the
heading “Description of the Notes—Optional Redemption.” If a change
of control triggering event occurs, we will be required to offer to
purchase the notes at a purchase price equal to 101% of their
principal amount, plus accrued and unpaid interest, if any, to the
date of purchase. See “Description of the Notes—Offer to Repurchase
Upon a Change of Control Repurchase Event.”
The notes will be our senior unsecured obligations
and will rank equally with all of our other existing and future
senior unsecured and unsubordinated indebtedness, but will be
effectively junior to any secured indebtedness that we may incur in
the future to the extent of the value of the assets securing such
indebtedness. The notes will be unconditionally guaranteed, jointly
and severally, by Cintas Corporation and certain of its
subsidiaries. For a more detailed description of the notes, see
“Description of the Notes.”
Neither the Securities and Exchange Commission,
which we refer to as the “SEC,” nor any state securities commission
has approved or disapproved of the notes or determined if this
prospectus supplement or the accompanying prospectus is truthful or
complete. Any representation to the contrary is a criminal
offense.
See “Risk Factors” beginning on
page S-7 of this prospectus
supplement and the risk factors contained in our Annual Report on
Form 10-K for the fiscal
year ended May 31, 2021, which are incorporated by reference
herein, for a discussion of certain risks that you should consider
in connection with an investment in the notes.
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Per 2025 Note |
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Total |
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Per 2032 Note |
|
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Total |
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Public offering price(1)
|
|
|
99.978 |
% |
|
$ |
399,912,000 |
|
|
|
99.943 |
% |
|
$ |
799,544,000 |
|
Underwriting discount
|
|
|
0.350 |
% |
|
$ |
1,400,000 |
|
|
|
0.650 |
% |
|
$ |
5,200,000 |
|
Proceeds (before expenses) to Cintas Corporation No. 2
|
|
|
99.628 |
% |
|
$ |
398,512,000 |
|
|
|
99.293 |
% |
|
$ |
794,344,000 |
|
(1) |
Plus accrued interest, if any, from May 3, 2022, if
settlement occurs after that date.
|
The notes will not be listed on any securities
exchange. Currently, there is no public market for the notes.
The underwriters expect to deliver the notes
offered hereby in book-entry form through The Depository Trust
Company on or about May 3, 2022.
Joint Book-Running Managers
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KeyBanc
Capital Markets |
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MUFG |
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Wells Fargo
Securities |
Co-Managers
|
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US
Bancorp |
|
PNC Capital Markets
LLC |
|
Fifth
Third Securities |
The date of this prospectus supplement is April
26, 2022.