Broadcom Inc. 8-K

What Happened
Broadcom Inc. announced on January 6–13, 2026 that it agreed to sell $4.5 billion aggregate principal amount of registered senior notes and filed related documents with the SEC. The offering was sold under an underwriting agreement with BofA Securities and J.P. Morgan and described in a prospectus supplement filed January 8, 2026. The notes are unsecured, unsubordinated obligations of Broadcom (not guaranteed by subsidiaries) and were issued under the company’s July 12, 2024 indenture as supplemented on January 13, 2026.

Key Details

• New notes issued (aggregate $4.5B):
  • $750.0M of 4.300% notes due January 15, 2031
  • $1,250.0M of 4.600% notes due January 15, 2033
  • $1,250.0M of 4.950% notes due January 15, 2036
  • $1,250.0M of 5.700% notes due January 15, 2056
• Use of proceeds: net proceeds expected to be used for general corporate purposes and repayment of debt.
• Redemption notices given (to be redeemed on stated Redemption Dates):
  • 4.110% notes due 2028: $1,118,175,000 (full amount) — Redemption Date Jan 22, 2026
  • 4.150% notes due 2028: $875,000,000 (full amount) — Redemption Date Jan 17, 2026
  • 5.050% notes due 2027: $757,000,000 — Redemption Date Jan 17, 2026
  • VMware LLC’s 3.900% notes due 2027: $1,250,000,000 (full amount) — Redemption Date Feb 6, 2026
• Redemption price: the greater of 100% of principal or the present value of remaining payments (discounted at Treasury rate plus specified basis points), plus accrued interest, per each indenture.

Why It Matters
This transaction raises liquidity and provides Broadcom with cash to refinance and retire near-term debt, which can reduce near-term refinancing risk and simplify the company’s debt maturity schedule. Investors should note the new notes are unsecured and not guaranteed by subsidiaries (structural subordination), and that the company’s overall interest expense profile will reflect the mix of coupon rates and maturities of the new notes versus redeemed debt. The filings (underwriting agreement, supplemental indenture and note forms) provide the full legal terms for the offering.