Brief: Broadcom's Credit Agreement Enables Co To Borrow Up To $28.39 Bln In Loans For VMware Deal

VMware

16/08/2023 23:26

Aug 16 (Reuters) - Broadcom Inc  AVGO.O :
    * BROADCOM INC - ON AUGUST 15, 2023 ENTERED INTO A CREDIT
AGREEMENT
    * BROADCOM -  CREDIT AGREEMENT PROVIDES BROADCOM WITH
ABILITY TO
BORROW UP TO $28.39 BILLION OF TERM LOAN COMMITMENTS IN
CONNECTION WITH VMWARE DEAL
    * BROADCOM INC - TERM FACILITIES WILL MATURE AND BE PAYABLE
IN
FULL ON SECOND, THIRD OR FIFTH ANNIVERSARY, RESPECTIVELY, OF
FUNDING DATE
    * BROADCOM: TERMINATED ALL COMMITMENTS FROM FINANCIAL
INSTITUTIONS
FOR $32 BILLION SENIOR UNSECURED BRIDGE FACILITY COMMITTED IN
CONNECTION WITH VMWARE DEAL

Source text for Eikon:  ID: 
Further company coverage:  AVGO.O 

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