YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Broadcom arranged for $100 billion in debt financing for its proposed purchase of chipmaker Qualcomm.
If Broadcom completes its $121 billion buyout of Qualcomm, it plans to borrow money from 12 banks and three private equity firms, according to the Silicon Valley Business Journal.
According to the report, the debt financing deal would be the largest since Anheuser-Busch InBev raised $75 billion in 2015 for its SABMiller buyout.
Read more from the Silicon Valley Business Journal.
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