Form 8-K · Current Report · Filed 2025-01-13
Broadcom Inc. Terminates Existing Credit Agreement and Enters New Agreement
On January 13, 2025, Broadcom Inc. terminated its existing $7.5 billion unsecured revolving credit facility dated January 19, 2021, and simultaneously entered into a new $7.5 billion unsecured revolving credit facility. The new agreement, which provides for a five-year term, is intended for general corporate purposes. No borrowings were outstanding under the old agreement at the time of termination.
- Filer
- Broadcom Inc. AVGO · NASDAQ
- Filed
- Accession
- 0001193125-25-005318
- CIK
- 0001730168
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Termination of a Material Definitive Agreement
Other Events
Market reaction
Close before filing
$224.31
Next session
+0.2%
Since filing
+73.5%
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:
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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