Company: SNPS
Filing Date: 2025-03-05
Form Type: 424B5
Source: 0001140361-25-007235
Chunk: 1

Company: SYNOPSYS INC
Filing Date: 2025-03-05
Form: 424B5
Chunk 1
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, 2028 notes, 2030 notes, 2032 notes, 2035 notes and 2055 notes semiannually in arrears on April 1 and October 1 of each year starting on October 1, 2025. The 2027 notes will bear interest at the rate of 4.550% per annum, the 2028 notes will bear interest at the rate of 4.650% per annum, the 2030 notes will bear interest at the rate of 4.850% per annum, the 2032 notes will bear interest at the rate of 5.000% per annum, the 2035 notes will bear interest at the rate of 5.150% per annum and the 2055 notes will bear interest at the rate of 5.700% per annum.

We may, at our option, redeem any series of the notes, in whole or in part, at any time or from time to time at the applicable redemption price described under “Description of Notes—Optional Redemption.” Upon the occurrence of a Change of Control Triggering Event (as defined herein), we will be required to make an offer to repurchase all outstanding notes from their holders at a price equal to 101% of their principal amount thereof, plus accrued and unpaid interest to, but not including, the date of repurchase, as described under “Description of Notes—Purchase Upon Change of Control Triggering Event.”

We may redeem any series of the notes at any time and from time to time at our option, either in whole or in part, at the applicable redemption price described under “Description of the Notes—Optional Redemption.” Upon the occurrence of a Change of Control Triggering Event (as defined herein), we will be required to make an offer to repurchase all outstanding notes from their holders at a price equal to 101% of their principal amount thereof, plus accrued and unpaid interest to, but not including, the date of repurchase, as described under “Description of Notes—Purchase Upon Change of Control Triggering Event.”

The notes will be our senior unsecured and unsubordinated obligations and will rank equally among themselves and with all of our existing and future senior unsecured debt and senior to all of our subordinated debt.

The notes are being issued in connection with the proposed acquisition of ANSYS, Inc. (“Ansys”), and we plan to use the net proceeds from this offering, as well as our cash on hand, borrowings under the Term Loan Credit Agreement (as