Broadcom 8-K

Summary

Cash tender offer results and upsize. Broadcom raised the purchase-price cap from $2.5B to $3.0B and accepted the two highest-priority note series; the offers expired on 6/17/2026.

Key Figures

• ≈$5.5B aggregate principal amount was tendered; ≈$2.9B was accepted for purchase. The $3.0B cap excludes accrued coupon payments.
• Accepted: $1.84B of 4.926% senior notes due 2037 at $982.01 per $1,000 principal, and $1.05B of 4.900% senior notes due 2038 at $970.29 per $1,000. Accrued coupon payments are additional.
• No notes were accepted from the four lower-priority series, despite tenders of $571M of 5.050% notes due 2030, $636M of 5.200% notes due 2032, $761M of 5.150% notes due 2031, and $628M of 4.900% notes due 2032.
• An additional ≈$35.0M principal of the 2037 and 2038 notes was tendered through guaranteed delivery procedures and remains subject to holders completing delivery requirements.

Investor Takeaways

• Initial settlement is scheduled for 6/18/2026; guaranteed-delivery settlement is scheduled for 6/23/2026, subject to holders meeting delivery requirements.