SAN JOSE, Calif., Aug. 10, 2020 /PRNewswire/ -- Broadcom Inc.
(NASDAQ: AVGO) ("Broadcom" or the "Company") announced today that
it has completed its offer to exchange any and all of its
outstanding unregistered notes listed below that were originally
issued in private placements for an equal principal amount of new
issues of notes registered under the Securities Act of 1933, as
amended.
Tenders with respect to $24,126,593,000 aggregate principal amount of the
original notes, out of a total of $24,180,261,000 aggregate principal amount
eligible to participate in the exchange offer, were received prior
to the expiration of the exchange offer at 11:59 p.m., New York
City time, on August 7, 2020.
Tenders received prior to the expiration of the exchange offer for
each series of original notes are set forth in the table below.
Title of
Security
|
Aggregate Principal
Amount of
Tenders
Received
|
Percent of Original
Notes
Received
|
3.125% senior notes
due 2021
|
$520,028,000
|
98.9885%
|
3.125% senior notes
due 2022
|
$677,960,000
|
97.8522%
|
3.625% senior notes
due 2024
|
$1,042,394,000
|
99.8071%
|
4.250% senior notes
due 2026
|
$2,495,623,000
|
99.8249%
|
4.750% senior notes
due 2029
|
$2,996,865,000
|
99.8955%
|
4.700% senior notes
due 2025
|
$2,250,000,000
|
100%
|
5.000% senior notes
due 2030
|
$2,247,450,000
|
99.8867%
|
2.250% senior notes
due 2023
|
$999,450,000
|
99.9450%
|
3.150% senior notes
due 2025
|
$2,237,200,000
|
99.4311%
|
4.150% senior notes
due 2030
|
$2,743,900,000
|
99.7782%
|
4.300% senior notes
due 2032
|
$1,999,560,000
|
99.9780%
|
3.459% senior notes
due 2026
|
$1,694,620,000
|
99.9587%
|
4.110% senior notes
due 2028
|
$2,221,543,000
|
99.9637%
|
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 was only made pursuant to the exchange
offer documents, including the prospectus and letter of transmittal
that were distributed to the holders of the original notes and
filed with the Securities and Exchange Commission.
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.