Loan & DebtJun 11, 2026, 09:11 AM
Broadcom Launches $2.5B Cash Tender Offer for Debt Securities
AI Summary
Broadcom Inc. has commenced cash tender offers to purchase certain of its outstanding debt securities, with an aggregate purchase price capped at $2.5 billion. The offers include various senior notes with different maturity dates and interest rates. The tender offers are set to expire on June 17, 2026, and are subject to specific terms and conditions outlined in the Offer to Purchase. Barclays Capital Inc. and Citigroup Global Markets Inc. are serving as the dealer managers for these offers.
Key Highlights
- Broadcom Inc. launched cash tender offers for certain outstanding debt securities.
- The aggregate purchase price is capped at $2.5 billion, excluding accrued coupon payments.
- Offers include 4.926% Senior Notes due 2037, 4.900% Senior Notes due 2038, and others.
- The tender offers are scheduled to expire on June 17, 2026, at 5:00 p.m. New York City time.
- Barclays Capital Inc. and Citigroup Global Markets Inc. are acting as dealer managers for the offers.
Price Impact
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