Broadcom Inc. Announces Results and Upsize of Offers to Purchase for Cash Certain of its Outstanding Debt Securities
Broadcom announced the results of its cash tender offers for outstanding senior notes, upsizing the aggregate purchase price cap to $3.0 billion from $2.5 billion. The increased cap enabled the company to accept for purchase all validly tendered 4.926% Senior Notes due 2037 and 4.900% Senior Notes due 2038. Approximately $5.5 billion in notes were tendered in total, with $2.9 billion accepted for purchase.
Key figures
- Upsize cap
- $3.0 billion
- Original cap
- $2.5 billion
- Total accepted
- $2.9 billion
- Total tendered
- $5.5 billion
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