NetApp $800 million 2% and 3.3% notes issues

Overview:

• NetApp has issued $800 million in senior notes.
• The issue consists of $400 million 2% notes due 2019 and $400 million 3.3% notes due 2024. 
• Proceeds will be used for general corporate purposes and for the repayment of $750 million outstanding 2% noted that were due 2017.
• Joint bookrunners were JP Morgan Securities, Morgan Stanley, Citigroup Global Markets, Goldman Sachs, Merrill Lynch Pierce Fenner & Smith, MUFG Securities and Wells Fargo Securities.

 Katrin Kostadinova - Data analyst