UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): February 1, 2017
Symantec Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware | 000-17781 | 77-0181864 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
350 Ellis Street, Mountain View, CA | 94043 | |||
(Address of Principal Executive Offices) | (Zip Code) |
Registrants Telephone Number, Including Area Code (650) 527-8000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 | Other Events. |
In a press release issued on February 1, 2017, Symantec Corporation (Symantec) announced that it intends to offer senior unsecured notes in a private offering, subject to market and other conditions. A copy of the press release is attached hereto as Exhibit 99.01 and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits |
Exhibit Number |
Exhibit Title or Description | |
99.01 | Press release issued by Symantec Corporation, dated February 1, 2017. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SYMANTEC CORPORATION | ||||||
Date: February 1, 2017 | By: | /s/ Nicholas Noviello | ||||
Nicholas Noviello | ||||||
Executive Vice President and Chief Financial Officer |
EXHIBIT INDEX
Exhibit Number |
Exhibit Title or Description | |
99.01 | Press release issued by Symantec Corporation, dated February 1, 2017. |
Exhibit 99.01
FOR IMMEDIATE RELEASE
MEDIA CONTACT: |
INVESTOR CONTACT: | |
Kristen Batch | Jonathan Doros | |
Symantec Corp. | Symantec Corp. | |
650-527-5152 | 650-527-5523 | |
kristen_batch@symantec.com | Jonathan_Doros@symantec.com |
SYMANTEC TO OFFER $1.0 BILLION IN SENIOR UNSECURED NOTES
MOUNTAIN VIEW, Calif. February 1, 2017 Symantec Corporation (NASDAQ: SYMC) today announced its intention to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of senior unsecured notes due 2025 (the senior notes) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and to certain persons in offshore transactions in reliance on Regulation S under the Securities Act. The offering of the senior notes will be conditioned upon the consummation of Symantecs acquisition of LifeLock. Symantec intends to use the net proceeds of this offering, after deducting offering expenses, together with cash on hand, to finance the approximately $2.3 billion aggregate purchase price of its proposed acquisition of LifeLock, Inc.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the senior notes will be made only by means of a private offering memorandum. The senior notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Forward Looking Statements
This press release contains forward-looking statements including, among other things, statements relating to the timing of the proposed offering and expected use of proceeds from the offering. These forward-looking statements are 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 Symantec 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 and the impact of general economic, industry or political conditions in the United States or internationally.
Symantec assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.