SAN FRANCISCO, October 5, 2021 /PRNewswire/ – Autodesk, Inc. (NASDAQ: ADSK) has officially announced the pricing of its first-ever sustainability bond offering. The company will issue $1 billion in senior notes with a coupon rate of 2.4%, set to mature in 2031. The transaction is expected to close on October 7, 2021, pending standard closing conditions.
The funds raised from this offering will be used to support a range of environmental and social initiatives. These include projects focused on eco-efficient products, sustainable water management, renewable energy, green buildings, pollution control, and socioeconomic development. Autodesk aims to channel the net proceeds toward eligible projects that align with its long-term sustainability goals.
BofA Securities, Inc., Morgan Stanley & Co. LLC, and U.S. Bancorp Investments, Inc. have been appointed as joint book-running managers for the offering. The bonds are being offered under an effective shelf registration statement filed with the SEC on September 2, 2020. Investors are encouraged to review the full registration statement, including the preliminary prospectus supplement and accompanying prospectus, available on the SEC’s EDGAR website at www.sec.gov.
This press release does not constitute an offer to sell or a solicitation to buy any securities. The offering is only available in jurisdictions where it is lawful to do so.
Autodesk continues to lead innovation across industries such as architecture, engineering, construction, product design, manufacturing, media, and entertainment. Its software empowers professionals worldwide to tackle complex challenges and create more sustainable, efficient, and impactful solutions.
Forward-looking statements included in this release are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, regulatory changes, and the successful implementation of Autodesk’s sustainability strategy. For a detailed discussion of these risks, please refer to the preliminary prospectus supplement, the accompanying prospectus, and Autodesk’s recent SEC filings.
This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investors should consult their financial advisors before making any investment decisions.
SOURCE: Autodesk, Inc.
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