repay

Broadcom Raises $5 Billion Through Bond Sale to Repay VMWare Debt

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Broadcom Raises Billion Through Bond Sale to Repay VMWare Debt

Broadcom Inc. recently borrowed $5 billion in the U.S. investment-grade bond market in order to refinance some of the loans it had taken out for its $69 billion acquisition of VMware Inc. The company is selling its debt in three parts, with the longest tranche offering a yield of 0.95 percentage points more than Treasuries, … Read more

Broadcom initiates bond sale to repay loans for VMware acquisition – Bloomberg

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Broadcom, a leading technology company, has recently announced a bond sale to refinance loans taken for the acquisition of VMware. This strategic move is aimed at restructuring the company’s debt and taking advantage of favorable market conditions. The bond sale is part of Broadcom’s efforts to efficiently manage its financial obligations and optimize its capital … Read more