SAN JOSE, Calif., July 6, 2020 /PRNewswire/ -- Broadcom Inc.
(NASDAQ: AVGO) ("Broadcom" or the "Company") announced today that
it has commenced an exchange offer for any and all outstanding
unregistered notes listed below.
144A CUSIP
Numbers
|
Reg S CUSIP
Numbers
|
Title of
Security
|
Date
Issued
|
Principal Amount
Outstanding
|
11135F AA9
|
U1109M AA4
|
3.125% senior notes
due 2021
|
April 5,
2019
|
$525,342,000
|
11135F AC5
|
U1109M AC0
|
3.125% senior notes
due 2022
|
April 5,
2019
|
$692,841,000
|
11135F AD3
|
U1109M AD8
|
3.625% senior notes
due 2024
|
April 5,
2019
|
$1,044,409,000
|
11135F AE1
|
U1109M AE6
|
4.250% senior notes
due 2026
|
April 5,
2019
|
$2,500,000,000
|
11135F AB7
|
U1109M AB2
|
4.750% senior notes
due 2029
|
April 5,
2019
|
$3,000,000,000
|
11135F AF8
|
U1109M AF3
|
4.700% senior notes
due 2025
|
April 9,
2020
|
$2,250,000,000
|
11135F AH4
|
U1109M AG1
|
5.000% senior notes
due 2030
|
April 9,
2020
|
$2,250,000,000
|
11135F AU5
|
U1109M AN6
|
2.250% senior notes
due 2023
|
May 8,
2020
|
$1,000,000,000
|
11135F AT8
|
U1109M AM8
|
3.150% senior notes
due 2025
|
May 8,
2020
|
$2,250,000,000
|
11135F AP6
|
U1109M AK2
|
4.150% senior notes
due 2030
|
May 8,
2020
|
$2,750,000,000
|
11135F AR2
|
U1109M AL0
|
4.300% senior notes
due 2032
|
May 8,
2020
|
$2,000,000,000
|
11135F AM3
|
U1109M AJ5
|
3.459% Senior Notes
due 2026
|
May 21, 2020 and
June 4, 2020
|
$1,695,320,000
|
11135F AK7
|
U1109M AH9
|
4.110% Senior Notes
due 2028
|
May 21, 2020 and
June 4, 2020
|
$2,222,349,000
|
Holders of these notes may exchange them for an equal principal
amount of new issues of 3.125% Senior Notes due 2021, 3.125% Senior
Notes due 2022, 3.625% Senior Notes due 2024, 4.250% Senior Notes
due 2026, 4.750% Senior Notes due 2029, 4.700% Senior Notes due
2025, 5.000% Senior Notes due 2030, 2.250% Senior Notes due 2023,
3.150% Senior Notes due 2025, 4.150% Senior Notes due 2030, 4.300%
Senior Notes due 2032, 3.459% Senior Notes due 2026 and 4.110%
Senior Notes due 2028, respectively, pursuant to an effective
registration statement on Form S-4 filed with the Securities and
Exchange Commission. Terms of the new notes are substantially
identical to those of the original notes, except that the transfer
restrictions and registration rights relating to the original notes
do not apply to the new notes.
The exchange offer will expire at 11:59
p.m., New York City time,
on July 31, 2020, unless extended.
Tenders of the original notes must be made before the exchange
offer expires and may be withdrawn at any time before the exchange
offer expires.
Documents describing the terms of the exchange offer, including
the prospectus and transmittal materials for making tenders, can be
obtained from the exchange agent, Wilmington Trust, National
Association, Rodney Square North,
1100 North Market Street, Wilmington,
Delaware 19890-1626, Attention: Workflow Management, 5th
Floor; facsimile: (302) 636-4139; email:
DTC@WilmingtonTrust.com.
This news release is for informational purposes only, and is not
an offer to buy or the solicitation of an offer to sell any
security. The exchange offer is being made only pursuant to the
exchange offer documents, including the prospectus and letter of
transmittal that are being distributed to the holders of the
original notes and have been filed with the Securities and Exchange
Commission.
Forward-Looking Statements
This release contains certain forward-looking statements,
including within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended, concerning Broadcom. Forward-looking
statements generally can be identified by words such as "will",
"expect", "believe", "anticipate", "estimate", "should", "intend",
"plan", "potential", "predict", "project", "aim", and similar
words, phrases or expressions. These forward-looking statements are
based on current expectations and beliefs of the management of
Broadcom, as well as assumptions made by, and information currently
available to, such management, current market trends and market
conditions and involve risks and uncertainties, many of which are
outside the Company's and management's control, and which may cause
actual results to differ materially from those contained in
forward-looking statements. Accordingly, you should not place undue
reliance on such statements.
For further information regarding these risks and uncertainties,
please refer to the heading "Risk Factors" in the registration
statement on Form S-4 related to this exchange offer and in our
filings with the Securities and Exchange Commission, including Part
II, Item 1A of our Quarterly Report on Form 10-Q for the quarter
ended May 3, 2020. The Company cautions you not to place undue
reliance on forward-looking statements, which reflect an analysis
only and speak only as of the date hereof. The Company disclaims
any obligation to update these forward-looking statements.
About Broadcom
Broadcom Inc., a Delaware
corporation headquartered in San Jose,
California, is a global technology leader that designs,
develops and supplies a broad range of semiconductor and
infrastructure software solutions. Broadcom's category-leading
product portfolio serves critical markets including data center,
networking, enterprise software, broadband, wireless, storage and
industrial. Our solutions include data center networking and
storage, enterprise, mainframe and cyber security software focused
on automation, monitoring and security, smartphone components,
telecoms and factory automation.
Contacts
Broadcom Inc.
Beatrice F. Russotto
Investor Relations
408-433-8000
investor.relations@broadcom.com
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SOURCE Broadcom Inc.