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Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing.
Broadcom Inc. is seeking approximately $35 billion in financing from private credit lenders.
KEY POINTS
- Apollo Global Management and Blackstone are among lenders in negotiations with Broadcom.
- The proposed $35 billion deal would rank among the largest private credit transactions to date.
- The financing is intended to support Broadcom's development of chips specifically for AI applications.
COMPANIES
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