Broadcom Inc. (AVGO) Announces New .5 Billion Credit Agreement

Broadcom Inc. (AVGO) Announces New $7.5 Billion Credit Agreement

Broadcom Inc. (AVGO, Financial) has announced the termination of its existing credit agreement and the establishment of a new $7.5 billion unsecured revolving credit facility. The company made this strategic financial move on January 13, 2025, as part of its ongoing efforts to optimize its capital structure and support general corporate purposes.

The previous credit agreement, which was originally set to mature in 2026, provided Broadcom with a $7.5 billion unsecured revolving credit…

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https://www.gurufocus.com/news/2655308/broadcom-inc-avgo-announces-new-75-billion-credit-agreement

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