Broadcom exercises make-whole call option for 2.375% notes in full

By Angela McDaniels

Tacoma, Wash., July 30 – Broadcom Corp. will redeem all of its outstanding $400 million of 2.375% senior notes due 2015 on Aug. 29, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at a redemption price equal to a make-whole amount plus accrued interest.

The company makes semiconductors for wired and wireless communication and is based in Irvine, Calif.

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