debt
confidence high
sentiment neutral
materiality 0.30
Broadcom replaces $7.5B revolver, enters new credit agreement maturing in 2030
Broadcom Inc.
- Terminated existing $7.5B unsecured revolving credit facility (2021 agreement) on Jan 13, 2025.
- Entered new $7.5B five-year unsecured revolver, maturing in 2030.
- No outstanding borrowings on either facility at closing.
- New facility includes $500M multicurrency letter of credit sublimit.
- Proceeds from any borrowings will be used for general corporate purposes.