Broadcom issues $3B of senior notes in three tranches

Broadcom Inc.

$1.1B 4.800% notes due 2028, $800M 5.050% notes due 2030, $1.1B 5.200% notes due 2032.
Notes are unsecured, unsubordinated obligations; structurally subordinated to subsidiary debt.
Net proceeds for general corporate purposes and debt repayment.
Underwriters include Wells Fargo, Citigroup, PNC Capital Markets, Scotia Capital.

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