Broadcom Turns To Private Credit For Record $35 Billion Financing - Broadcom (NASDAQ:AVGO)
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2 Articles
Broadcom Turns To Private Credit For Record $35 Billion Financing - Broadcom (NASDAQ:AVGO)
Broadcom (AVGO) stock stays in focus amid talks for a record $35 billion AI financing deal with Blackstone and Apollo. See how agentic AI demand and a $18B OpenAI hurdle are shaping Broadcom's path to new highs.
Apollo and Blackstone in talks for $35bn Broadcom private credit financing
Apollo Global Management and Blackstone are among a group of private credit investors in discussions to provide approximately $35bn in financing to Broadcom, in what could become one of the largest private credit transactions ever arranged, according to a report by Bloomberg. The report cites unnamed people familiar with the matter as revealing that the proposed financing would support Broadcom’s continued expansion into artificial intelligence …
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