Dell Technologies Inc. announced that its wholly-owned subsidiaries, Dell International L.L.C. and EMC Corporation, completed a public offering of $3 billion in aggregate principal amount of senior unsecured notes. The offering, which closed on June 16, 2026, is structured in three tranches with varying maturities and interest rates.

Key Details

  • Offering Breakdown: The offering consists of three series of notes:
    • $1.0 billion of 4.750% Senior Notes due 2031
    • $750 million of 5.000% Senior Notes due 2034
    • $1.25 billion of 5.250% Senior Notes due 2037
  • Terms & Guarantees: The notes are senior unsecured obligations and are jointly and severally guaranteed by Dell Technologies Inc., Denali Intermediate Inc., and Dell Inc.
  • Interest Payments: Interest on the 2031 notes is payable semi-annually on January 15 and July 15. Interest on the 2034 and 2037 notes is payable semi-annually on February 15 and August 15.