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Broadcom Inc. Announces Results and Upsize of Offers to Purchase for Cash Certain of Its Outstanding Debt Securities
Broadcom raised the purchase cap to $3 billion and accepted about $2.9 billion of senior notes, including all valid 2037 and 2038 tenders.
- On Wednesday, Broadcom Inc. announced it accepted approximately $2.9 billion in aggregate principal amount of senior notes, increasing its tender cap to $3.0 billion from the initially announced $2.5 billion.
- Broadcom originally launched the cash tender offers on June 11, 2026, with a $2.5 billion consideration cap to retire outstanding senior debt obligations across six note series.
- Nearly $5.5 billion in notes were tendered by investors prior to the June 17 expiration date, though Broadcom accepted only $2.9 billion, leaving approximately $2.6 billion unpurchased.
- Settlement for accepted notes is expected on Thursday, June 18, 2026, while holders using guaranteed delivery procedures must submit tenders by June 22, 2026.
- The increased $3.0 billion tender cap enables Broadcom to retire all validly tendered 4.926% and 4.900% senior notes maturing 2037 and 2038, reducing its outstanding debt principal.
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The Union Democrat+18 Reposted by 18 other sources
Broadcom Inc. Announces Results and Upsize of Offers to Purchase for Cash Certain of its Outstanding Debt Securities
PALO ALTO, Calif., June 17, 2026 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) ("Broadcom") today announced the expiration and results of its previously announced cash tender offers (collectively, the "Offers") to purchase any and all of its outstanding 4.926% Senior Notes…
Broadcom Inc. Announces Pricing Terms of Offers to Purchase for Cash Certain of its Outstanding Debt Securities
/PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO) ("Broadcom") today announced the pricing terms of its previously announced cash tender offers (collectively, the...
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Leaning Left2Leaning Right2Center10Last UpdatedBias Distribution72% Center
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C 72%
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