Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, TD Securities (USA) LLC and Truist Securities, Inc., in connection with the public offering by Broadcom Inc. of $5 billion aggregate principal amount of Senior Notes over four tranches.
Broadcom plans to use the net proceeds of the Notes offering to prepay a portion of the term A-3 loans under its existing term loan credit agreement and for general corporate purposes.
Broadcom is a global technology leader that designs, develops and supplies a broad range of semiconductor, enterprise software and security solutions.
The Simpson Thacher team included Risë Norman, Daniel N. Webb, Karen Reyes, Anna LeGrett and Christian Sheets (Capital Markets); Jon Cantor and Jiha Min (Tax); Paige Brinton (IP); Pasco Struhs (ECEB); Jeanne Annarumma (ERISA); Jennie Getsin (Blue Sky); and Tim Mulvihill (Environmental).