...+ Broadcom Ltd., a global provider of analog, digital, and mixed signal semiconductor components, has reduced adjusted leverage to the low-2x area through debt repayment since the acquisition of Broadcom Corp. closed on Feb. 1, 2016. + The company also plans to refinance the entire existing U.S. term loan B with the proceeds of additional term loan A issuance and a new term loan B-3. + We are affirming all ratings including our '##+' corporate credit rating on Broadcom and revising the outlook to positive from stable. + We are assigning our '###' issue-level rating to Broadcom's new term loan B3. The recovery rating is '1'. + The positive outlook reflects Broadcom's de-leveraging to date and our expectation that continuing operating growth will provide opportunities for further de-leveraging and capital deployment flexibility, supporting a higher corporate credit rating over the coming year. NEW YORK (S&P Global Ratings) Aug. 2, 2016--S&P Global Ratings today said it affirmed its '##+'...
