On Jan 12, Semiconductor and infrastructure software solutions provider Broadcom (AVGO, Financial) issued $3 million in senior notes. The offering comprises three tranches: $800M of 5.050% notes due 2030, $1.1bn of 5.200% notes due 2032, and $1.1bn of 4.800% notes due 2028. Broadcom’s notes are unsecured, on a paper with Broadcom’s then outstanding unsecured debt, and not contingent upon the guarantee by Broadcom’s subsidiaries.
The company stated that the money would be used for…
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https://uk.finance.yahoo.com/news/broadcom-secures-3-billion-debt-100935049.html