Adobe lays out terms of triple-tranche dollar note offering

Chicago, April 1 – Adobe Inc. outlined the terms of a triple-tranche fixed-rate notes offering, according to a 424B5 filing with the Securities and Exchange Commission.

Each of the notes will be optionally redeemable with a make-whole premium and then will have a par call period before the maturity date.

BofA Securities, Inc., J.P. Morgan Securities LLC, SG Americas Securities, LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are listed as bookrunners.

Computershare Trust Co., NA is the trustee.

Skadden, Arps, Slate, Meagher & Flom LLP is acting as counsel for the issuer. Simpson Thacher & Bartlett LLP is counsel for the bookrunners.

Proceeds will be used for working capital and general corporate purposes.

Adobe is a San Jose, Calif., computer software and services provider for businesses.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.