Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic.
Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware.
Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session.