Summary by Moomoo AI
Broadcom Inc. (Broadcom), a leading global technology company, has announced the issuance of two series of senior notes. The first series, due 20__, will accrue interest at a rate of __% per annum, while the second series, due 20__, will accrue interest at a rate of __% per annum. Interest on both series will be payable semi-annually. Broadcom intends to use the net proceeds from the sale of the notes for general corporate purposes, including the repayment of existing debt. The offering is being managed by joint book-running managers BofA Securities, BNP PARIBAS, and HSBC. The notes will be unsecured and rank equally with Broadcom's other unsecured and unsubordinated obligations. The announcement did not specify the exact dates of issuance or the principal amounts involved.