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Broadcom Announces Completion of Exchange Offer for Senior NotesSAN JOSE, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Broadcom Limited (NASDAQ:AVGO) (“Broadcom” or the “Company”) announced today that two of its subsidiaries, Broadcom Corporation and Broadcom Cayman Finance Limited, completed their offer to exchange any and all of their outstanding unregistered 2.375% Senior Notes due 2020, 3.000% Senior Notes due 2022, 3.625% Senior Notes due 2024, 3.875% Senior Notes due 2027, 2.200% Senior Notes due 2021, 2.650% Senior Notes due 2023, 3.125% Senior Notes due 2025 and 3.500% Senior Notes due 2028 that were originally issued in private placements for an equal principal amount of new issues of 2.375% Senior Notes due 2020, 3.000% Senior Notes due 2022, 3.625% Senior Notes due 2024, 3.875% Senior Notes due 2027, 2.200% Senior Notes due 2021, 2.650% Senior Notes due 2023, 3.125% Senior Notes due 2025 and 3.500% Senior Notes due 2028, respectively, that have been registered under the Securities Act of 1933, as amended. Tenders with respect to $17,505,460,000 aggregate principal amount of the original notes, out of a total of $17,550,000,000 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 February 14, 2018. Tenders received prior to the expiration of the exchange offer for each series of original notes are provided in the table below.
About Broadcom Broadcom Limited is a leading designer, developer and global supplier of a broad range of digital and analog semiconductor connectivity solutions. Broadcom Limited’s extensive product portfolio serves four primary end markets: wired infrastructure, wireless communications, enterprise storage and industrial & other. Applications for our products in these end markets include enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Contacts Ashish Saran |