debt
confidence high
sentiment neutral
materiality 0.55
Broadcom upsizes debt tender to $3B, accepts $2.9B of notes tendered
Broadcom Inc.
- Aggregate purchase price increased from $2.5B to $3.0B; $5.5B total principal tendered.
- Accepted $1.84B of 4.926% Senior Notes due 2037 and $1.05B of 4.900% Senior Notes due 2038.
- Total consideration per $1,000: $982.01 for 2037 notes, $970.29 for 2038 notes.
- Offers expired June 17, 2026; initial settlement June 18, guaranteed delivery by June 23.
- Other four series (2030, 2031, 2032) not accepted due to cap; tendered notes returned.