Latham & Watkins Advises Broadcom Inc. in US$8 Billion Offering of Senior Notes

Bi-coastal, multidisciplinary team advised the global technology leader in the offering.

May 06, 2020

Broadcom Inc. has announced that it has priced its previously announced offering of US$1 billion of 2.250% Senior Notes due 2023, US$2.25 billion of 3.150% Senior Notes due 2025, US$2.75 billion of 4.150% Senior Notes due 2030, and US$2 billion of 4.300% Senior Notes due 2032. Broadcom intends to use the net proceeds from the sale of the new notes for the repayment, retirement or repurchase of certain of its or its subsidiaries' existing indebtedness, including, but not limited to, repayments of certain amounts outstanding under its November 2019 credit agreement.

Latham & Watkins LLP represented Broadcom in the offering with a corporate team led by Bay Area partner Tony Richmond and New York partner Greg Rodgers, with New York partner Peter Sluka, Bay Area partner Brian Paulson, and New York associates Gemma Mootoo Rajah, Tyler Vivian, and Isabelle Sawhney, and Orange County associate Eric Hanzich. Advice was also provided on tax matters by New York partners David Raab and Bora Bozkurt, with associates Aaron Bernstein and Ron Moore; and on benefits & compensation matters by New York partner Bradd Williamson, with associate Anne Bracaglia.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.