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Broadcom (AVGO) seeking more than USD 60bln in latest AI debt deal

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Broadcom is seeking over $60 billion in debt to fund AI chip development and long-term contracts, aiming for $100 billion in AI revenue while managing heightened credit risks.

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Discusses guaranteeing part of the senior-secured tranche. Financing plan may include a USD 30bln junior debt tranche.

1 stocks
AVGOBroadcom Inc. Common Stock$364.75Current price

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