Company: SNPS
Filing Date: 2025-03-03
Form Type: 424B5
Source: 0001140361-25-006661
Chunk: 38

Company: SYNOPSYS INC
Filing Date: 2025-03-03
Form: 424B5
Chunk 38
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 any decline in the ratings of the notes may make it more difficult for us to raise capital on acceptable terms.

An increase in market interest rates could result in a decrease in the value of the notes.

In general, as market interest rates rise, notes bearing interest at a fixed rate decline in value. Consequently, if you purchase the notes, and the market interest rates subsequently increase, the market value of your notes may decline. We cannot predict the future level of market interest rates.

We may choose to redeem the notes prior to maturity. Redemption prior to maturity may adversely affect your return on the notes.

Since the notes are redeemable at our option, we may choose to redeem your notes at times when prevailing interest rates are relatively low. As a result, you generally will not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as the interest rate on your notes being redeemed.

If the Ansys Merger is not completed on or before the Special Mandatory Redemption End Date or Synopsys otherwise determines not to pursue the consummation of the Ansys Merger, Synopsys will be required to redeem all the outstanding 20  notes, 20  notes, 20  notes and 20  notes. If this occurs, you may realize a lower return on your investment than if the 20  notes, 20  notes, 20  notes and 20  notes had been held through maturity.

If (i) the Ansys Merger is not consummated on or before the later of (x) January 31, 2026 and (y) the date that is five business days after any later date upon which “Closing” is permitted to occur under the terms of the Merger Agreement (as mutually agreed upon by the parties to the Merger Agreement) or (ii) Synopsys notifies the trustee under the indenture that Synopsys will not pursue consummation of the Ansys Merger, Synopsys will be required to redeem all outstanding 20  notes, 20  notes, 20  notes and 20  notes, at a special mandatory redemption price equal to 101% of the aggregate principal amount of the 20  notes, 20  notes, 20  notes and 20  notes, plus accrued and unpaid interest, if any, to, but excluding, the Special Mandatory Redemption Date. See “Description of the Notes—