Item 8.01 Other Events.
Early Participation Results and Early Settlement Election of Private Exchange Offers of Certain Outstanding Notes for New Notes
In a press release issued on March 29, 2021, Broadcom Inc. (“Broadcom”) announced (i) the early participation results of its private offers to exchange certain series of its outstanding notes maturing between 2024 and 2027 for new series of senior notes maturing in 2033 and 2034 (the “Exchange Notes”) and (ii) its election to have an early settlement.
The foregoing description is qualified in its entirety by reference to the press release dated March 29, 2021, a copy of which is attached hereto as Exhibit 99.1.
Pricing of Private Exchange Offers of Certain Outstanding Notes for New Notes
Following the announcement of the early participation results of the Exchange Offers, in a press release issued on March 29, 2021, Broadcom announced the pricing terms of the Exchange Offers.
The foregoing description is qualified in its entirety by reference to the press release dated March 29, 2021, a copy of which is attached hereto as Exhibit 99.2.
The Exchange Notes are being sold in private placements to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States under Regulation S under the Securities Act.
This Current Report on Form 8-K is not an offer to purchase or sell or a solicitation of an offer to purchase or sell, with respect to any securities.
Cautionary Note Regarding Forward-Looking Statements
This report contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning Broadcom. These statements include, but are not limited to, statements that address our expected future business and financial performance and other statements identified by words such as “will”, “expect”, “believe”, “anticipate”, “estimate”, “should”, “intend”, “plan”, “potential”, “predict” “project”,