Broadcom Corporation to Offer Senior Notes

Press release:

Broadcom Corporation to Offer Senior Notes

IRVINE, Calif., Aug. 13, 2012 /PRNewswire/ -- Broadcom Corporation (Nasdaq: BRCM) today announced its intention to offer, subject to market and other conditions, approximately $500 million of senior notes pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").  The final amount of the offering will be determined by Broadcom in light of market and other conditions.

Broadcom expects to use the net proceeds from the offering for general corporate purposes, which may include repayment of Broadcom's 1.500% Senior Notes due 2013.

This notice does not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering memorandum. The senior notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United Statesabsent registration or an applicable exemption from registration requirements. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.