Broadcom inc. announces pricing terms of its private exchange offers of certain outstanding notes for new notes

San jose, calif., march 29, 2021 /prnewswire/ -- broadcom inc. (nasdaq: avgo) ("broadcom" or the "company") announced today the pricing terms of the company's new notes due 2033 (the "new 2033 notes") and new notes due 2034 (the "new 2034 notes" and, together with the new 2033 notes, the "new notes") to be issued in connection with its offers to eligible holders (together, the "exchange offers") of the company's or its subsidiaries' pool 1 existing notes and pool 2 existing notes listed in the tables below (collectively, the "existing notes") to exchange pool 1 existing notes for consideration consisting of up to $2,250,000,000 aggregate principal amount of the new 2033 notes (the "aggregate maximum pool 1 exchange cap") and a cash payment, and to exchange pool 2 existing notes for consideration of up to $3,250,000,000 aggregate principal amount of the new 2034 notes (the "aggregate maximum pool 2 exchange cap" and, together with the aggregate maximum pool 1 exchange cap, the "aggregate maximum exchange cap") and a cash payment, the complete terms and conditions of which are set forth in an offering memorandum, dated march 15, 2021 (the "offering memorandum").
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