Broadcom's $100bn megaloan structure and spread emerge

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Broadcom's $100bn megaloan structure and spread emerge

Michael Turner
February 19, 2018 02:30 PM
Broadcom PA 230x
A logo sign outside of a facility occupied by Broadcom Limited in San Jose, California, on February 18, 2017. Photo by Kristoffer Tripplaar *** Please Use Credit from Credit Field *** | Kris Tripplaar/SIPA USA/PA Images

Details have emerged of Broadcom’s record-breaking $100bn financing package for its acquisition of chipmaker Qualcomm. It is paying 100bp over Libor for the biggest two tranches.

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Michael Turner
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