Financial News

Avago Technologies Completes Redemption of $200 Million of $250 Million Senior Floating Rate Notes Due 2013

SINGAPORE and SAN JOSE, Calif., December 19, 2007

Avago Technologies (“Avago”), a leading supplier of analog interface components for communications, industrial and consumer applications, today announced that on December 18, 2007 it completed the redemption of $200 million of its $250 million aggregate principal amount outstanding Senior Floating Rate Notes (the “Notes”) due 2013.

The Notes were redeemed at a price of 102 percent of the principal amount, plus accrued and unpaid interest of approximately $4.43 per $1,000 principal amount, for a total redemption price of approximately $1,024.43 per $1,000 principal amount of the Notes. 

About Avago Technologies

Avago Technologies is a leading supplier of analog interface components for communications, industrial and consumer applications. By leveraging its core competencies in III-V compound and silicon semiconductor design and processing, the company provides an extensive range of analog, mixed signal and optoelectronics components and subsystems to more than 40,000 customers.  Backed by strong customer service support, the company's products serve four diverse end markets: industrial and automotive, wired infrastructure, wireless communications, and computer peripherals. Avago has a global employee presence and heritage of technical innovation dating back 40 years to its Hewlett-Packard roots. Information about Avago is available on the Web at www.avagotech.com.

 

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Jim Fanucchi
Summit IR Group Inc.
jim@summitirgroup.com
(408) 404-5400