Broadcom said on January 6, 2025 it entered into an underwriting agreement with Wells Fargo Securities, LLC and other underwriters to issue and sell senior notes with a total aggregate principal amount of $3,000,000,000.

1. 01

   Broadcom said on January 6, 2025 it entered into an underwriting agreement with Wells Fargo Securities, LLC and other underwriters to issue and sell senior notes with a total aggregate principal amount of $3,000,000,000.

2. 02

   The senior notes consist of 4.800% notes due 2028 in the amount of $1,100,000,000, 5.050% notes due 2030 in the amount of $800,000,000, and 5.200% notes due 2032 in the amount of $1,100,000,000, maturing in 2028, 2030 and April 15, 2032, respectively.

3. 03

   The company said the notes are unsecured, unsubordinated obligations that rank equally in right of payment with its existing and future unsecured, unsubordinated indebtedness. It added that the notes will not be guaranteed by any of its subsidiaries and will therefore be structurally subordinated to the indebtedness and other liabilities of those subsidiaries.

4. 04

   Broadcom said it expects to use the net proceeds from the notes for general corporate purposes and for repayment of debt.

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