Broadcom Inc. (AVGO) Announces $3 Billion Senior Notes Offering

Broadcom Inc. (AVGO, Financial) has entered into an underwriting agreement to issue and sell $3 billion in senior notes. The offering includes $1.1 billion of 4.800% senior notes due 2028, $800 million of 5.050% senior notes due 2030, and $1.1 billion of 5.200% senior notes due 2032. These notes are unsecured and unsubordinated obligations of the company, ranking equally with Broadcom’s existing and future unsecured, unsubordinated indebtedness.

The issuance is part of Broadcom’s…