secwatch.observer — SEC 8-K summary
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Issuer:     Broadcom Inc. (AVGO)
CIK:        0001730168
Form:       8-K
Filed at:   2022-04-18T23:59:59+00:00
Accession:  0001193125-22-108067
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadcom exchanges ~$1.68B in existing notes for new 4.926% Senior Notes due 2037
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- Exchanged $49.7M CA 4.700% 2027, $479.6M 5.000% 2030, $302.6M 4.750% 2029, $847.0M 4.110% 2028, and $823.3M 4.150% 2030 for new notes.
- New 4.926% Senior Notes due 2037 issued under indenture with Wilmington Trust; interest payable semi-annually in May and November.
- Remaining outstanding amounts of exchanged series range from $215.4M (CA 4.700% 2027) to $1.86B (Broadcom 4.150% 2030).
- Registration rights agreement with Barclays, BBVA, BNP Paribas, J.P. Morgan; failure to file by April 2027 triggers additional interest up to 1.000%.
- New notes are senior unsecured, rank equally with existing senior debt, and redeemable at make-whole prior to Feb 15, 2037.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730168/000119312522108067/0001193125-22-108067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730168/000119312522108067/d299108d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-108067

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