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Form 8-K · Current Report · Filed 2024-10-02

Broadcom Inc. Announces Issuance of $5 Billion Senior Notes

On October 2, 2024, Broadcom Inc. announced the issuance of $5 billion aggregate principal amount of senior notes due in 2028, 2030, 2032, and 2034. The notes are unsecured and unsubordinated obligations of the company, with interest rates ranging from 4.150% to 4.800%. Broadcom intends to use the net proceeds from the issuance for general corporate purposes and to repay existing debt. The notes are governed by an indenture and will be supported by various exhibits, including the underwriting agreement and legal opinions.

Filer
Broadcom Inc. AVGO · NASDAQ
Filed
Accession
0001193125-24-231159
CIK
0001730168
Signal
Medium impactTechnology

Items reported

Item 8.01

Other Events

Convertible Notes Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$167.47

Next session

+2.6%

Since filing

+132.4%

Latest close

$389.28

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AVGO reporting the same item, with the next session's move:

Exhibits (3)

About Broadcom Inc.

Broadcom Inc. is a diversified global technology company that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. Its primary function is to serve high-growth industries by providing technology that supports complex digital environments. Key sectors impacted by Broadcom’s products include data center, networking, broadband, wireless, and industrial markets. The company's semiconductor solutions are integral to networking systems, represented by products like ASICs and Bluetooth solutions, while its software solutions enhance critical infrastructure for businesses. Headquartered in San Jose, California, Broadcom maintains a significant presence in the tech industry due to its commitment to innovation and acquisition strategy, which has expanded its impact across a variety of computing and connectivity applications. By leveraging its expansive portfolio, Broadcom continues to enhance the capabilities of new technologies and supports advancements in digital communication and data management.

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