NetApp Announces Offering of Senior Notes
June 02 2014 - 9:15AM
Marketwired
NetApp Announces Offering of Senior Notes
SUNNYVALE, CA--(Marketwired - Jun 2, 2014) - NetApp, Inc.
(NASDAQ: NTAP) today announced that it intends to offer, subject to
market and other conditions, senior unsecured notes under an
effective shelf registration statement on file with the Securities
and Exchange Commission. The offering and the final terms of
the senior notes, including principal amount, interest rate and
maturity will depend on market and other conditions at the time of
pricing.
NetApp intends to use the net proceeds from this offering for
general corporate purposes, which may include capital expenditures,
possible stock repurchases and dividends, working capital and
potential acquisitions and strategic transactions.
Goldman, Sachs & Co., J.P. Morgan Securities LLC and Morgan
Stanley & Co. LLC are acting as joint book-running
managers.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any of the senior notes or any
other securities nor shall there be any sale of the senior notes or
any other securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state. The offering of senior
notes may be made only by means of a preliminary prospectus
supplement and the accompanying prospectus, copies of which can be
obtained from:
Goldman, Sachs & Co. 200 West Street New York, New York
10282-2198 Attention: Prospectus Department Tel: (866)-471-2526
Fax: (212) 902-9316
J.P. Morgan Securities LLC 383 Madison Ave. New York, New York
10179 Attention: Investment Grade Syndicate Desk Tel: (212)
834-4533 Fax: (212) 834-6081
Morgan Stanley & Co. LLC 180 Varick Street New York, New
York 10014 Attention: Prospectus Department Tel: (866) 718-1649
About NetApp
NetApp creates innovative storage and data management solutions
that deliver outstanding cost efficiency and accelerate business
breakthroughs. Discover our passion for helping companies around
the world go further, faster.
Cautionary Statement:
The statements in this release relating to the terms and timing
of the proposed offering and the expected use of proceeds from the
offering are forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements involve risks and uncertainties that
could cause actual results to differ materially, including, but not
limited to, whether or not NetApp will offer the senior notes or
consummate the offering, the final terms of the offering,
prevailing market conditions, the anticipated principal amount of
the senior notes which could differ based upon market conditions,
the anticipated use of the proceeds of the offering which could
change as a result of market conditions or for other reasons,
interest rates and corporate considerations and the impact of
general economic, industry or political conditions in the United
States or internationally.
Investors in NetApp's securities are cautioned not to place
undue reliance on its forward-looking statements, which speak only
as of the date such statements are made. NetApp does not undertake
any obligation to publicly update any forward-looking statements to
reflect events, circumstances or new information after this June 2,
2014 press release, or to reflect the occurrence of unanticipated
events.
Goldman, Sachs & Co. 200 West Street New York, New York
10282-2198 Attention: Prospectus Department Tel: (866)-471-2526
Fax: (212) 902-9316 J.P. Morgan Securities LLC 383 Madison Ave. New
York, New York 10179 Attention: Investment Grade Syndicate Desk
Tel: (212) 834-4533 Fax: (212) 834-6081 Morgan Stanley & Co.
LLC 180 Varick Street New York, New York 10014 Attention:
Prospectus Department Tel: (866) 718-1649
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