On September 15, 2026, two wholly-owned subsidiaries of Dell Technologies Inc., Dell International L.L.C. and EMC Corporation, completed a public offering of $5 billion in aggregate principal amount of senior unsecured notes. The issuance included $1.25 billion of 5.100% Senior Notes due 2029, $1.25 billion of 5.400% Senior Notes due 2031, $1.5 billion of 5.600% Senior Notes due 2033, and $1 billion of 5.900% Senior Notes due 2037. The notes are guaranteed on a joint and several basis by Dell Technologies Inc. and its wholly-owned subsidiaries Denali Intermediate Inc. and Dell Inc., with interest payable semi-annually in arrears starting in March or April 2027 depending on the series. Dell Technologies Inc. operates in the technology industry, providing hardware, software, and IT services.