Cisco (CSCO) Announces Senior Note Offering

Cisco Systems Inc. (NASDAQ:CSCO) announced Wednesday it is looking at a three-part debt offering.

In an SEC filing, Cisco said it will sell various senior notes but so far haven't disclosed what the amount will be.

Proceeds from the offering will be used for general corporate purposes, said the company.

Joint book-running managers in the deal are Goldman Sachs (NYSE:GS), BofA (NYSE:BAC), JPMorgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) and Wells Fargo Securities (NYSE:WFC).

Cisco was trading at $18.08, down $0.14, or 0.80 percent, as of 12:22 PM EST.