Broadcom seeks more than $60 billion in latest AI debt deal, Bloomberg News reports
Broadcom is reportedly in talks to raise over $60 billion in debt for an AI financing deal, according to Bloomberg News. The potential financing may include a $30 billion junior debt tranche, with Broadcom guaranteeing a portion of the senior-secured tranche, estimated between $60 billion and $70 billion. The total amount raised could reach as high as $100 billion, as per the report.
Blackstone and Apollo Global Management are also reportedly discussing participation in the financing, following a partnership the three companies initiated in June. Broadcom and Apollo did not immediately comment on the Bloomberg report.
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