Broadcom Inc. (AVGO) said Tuesday it is planning to offer senior notes in a private deal, without offering details of size or timing. Proceeds will be used to repay, retire or repurchase existing debt, including sums outstanding under its Nov. 2019 credit agreement. Shares rose 1% premarket.
-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
May 05, 2020 08:56 ET (12:56 GMT)
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