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.
