$AVGO · Broadcom Inc.
Broadcom Inc. filed a registration statement on Form S-4 with the SEC on September 10, 2026, to conduct an exchange offer for up to $654,004,000 aggregate principal amount of its 4.926% Senior Notes due 2037. The notes were originally issued on April 18, 2022, in a private placement under Rule 144A and Regulation S. Broadcom is offering to exchange any and all of those outstanding notes for new notes that have been registered under the Securities Act.
The new exchange notes will have substantially the same terms as the outstanding notes, including the same interest rate and maturity, but the transfer restrictions, registration rights, and related additional payment provisions will not apply, and the exchange notes will have a different CUSIP number. Broadcom states the exchange is intended to satisfy its obligations under the registration rights agreement entered when the original notes were issued.
Broadcom will not receive any proceeds from the exchange offer. Outstanding notes that are validly tendered and exchanged will be retired and cancelled, so the transaction will not increase Broadcom's total outstanding indebtedness. The preliminary prospectus does not list a specific expiration date, and Broadcom does not currently intend to extend the offer.