Financing ·
On September 9, 2026, Dell Technologies Inc., Dell International L.L.C., and EMC Corporation entered into an…
DELLDell Technologies Inc.
On September 9, 2026, Dell Technologies Inc., Dell International L.L.C., and EMC Corporation entered into an underwriting agreement to issue $5 billion in aggregate principal amount of senior notes. The offering includes $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 by Dell Technologies Inc., Denali Intermediate Inc., and Dell Inc. Closing is expected on September 15, 2026. Net proceeds will primarily repay outstanding 4.900% First Lien Notes due 2026, with remaining funds for general corporate purposes or other debt repayment. Dell Technologies Inc. operates in the technology industry, providing hardware, software, and IT services solutions.