The Bank of New York Mellon Appointed Trustee, Registrar and Paying Agent For Cisco Systems, Inc.'s $4 Billion Bond Issue

PRNewswire
NEW YORK
(:BK)
Apr 3, 2009

NEW YORK, April 3, 2009 — The Bank of New York Mellon has been appointed trustee, registrar and paying agent for Cisco Systems, Inc.'s $4 billion bond issue, which will be used to fund acquisitions, buy back stock and retire existing debt.

In its role, The Bank of New York Mellon will provide a variety of services for the debt issue, including processing principal and interest payments and maintaining noteholder records.

"This successful issuance by a key corporate issuer provides an indication that the U.S. investment grade debt market is improving," said Scott Posner, chief executive officer of The Bank of New York Mellon's Global Corporate Trust business. "We are pleased to support this important issuance, and look forward to providing outstanding service to Cisco and its investors moving forward."

The Bank of New York Mellon's corporate trust business services more than $11 trillion in outstanding debt from 57 locations around the world. It services all major debt categories, including corporate and municipal debt, mortgage-backed and asset-backed securities, collateralized debt obligations, derivative securities and international debt offerings.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $20.2 trillion in assets under custody and administration, $928 billion in assets under management, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.