Broadcom 8-K

Summary

Broadcom launched cash tender offers for six senior note series, subject to a $2.5B aggregate purchase-price cap excluding accrued coupon. Acceptance is prioritized by series; Broadcom may increase the cap but is not obligated to do so.

Key Figures

• Notes eligible for purchase: $2.5B principal of 4.926% notes due 2037 (priority 1); $1.75B of 4.900% notes due 2038 (2); $800M of 5.050% notes due 2030 (3); $1.1B of 5.200% notes due 2032 (4); $1.5B of 5.150% notes due 2031 (5); and $1.75B of 4.900% notes due 2032 (6).
• Total consideration per $1,000 principal will be set using the applicable Treasury reference yield plus fixed spreads of 25–80 bp, depending on the series, with accrued coupon paid separately. The purchase price for each series was scheduled to be announced after pricing on 6/17/2026.
• Offers were scheduled to expire 6/17/2026; guaranteed-delivery tenders are due 6/22/2026. Initial settlement was expected 6/18/2026 and guaranteed-delivery settlement 6/23/2026. Offers have no financing condition or minimum aggregate tender condition.

Investor Takeaways

• Watch the 6/17/2026 pricing announcement and which series Broadcom accepts under the priority order and $2.5B cap.
• Tender and guaranteed-delivery deadlines, and the expected settlement dates, are the next milestones.