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Dell Technologies | 8-K: Current report

SEC announcement ·  Mar 7 04:28
Summary by Futu AI
On March 4, 2024, Dell Technologies Inc. entered into an underwriting agreement with a consortium of underwriters led by Barclays Capital Inc., BofA Securities, Inc., and others, to issue and sell $1 billion aggregate principal amount of 5.400% Senior Notes due 2034. The offering price was set at 99.802% of the aggregate principal amount. The notes will be guaranteed by Dell Inc., Denali Intermediate, Inc., and EMC Corporation. The closing of the offering is expected on March 18, 2024, subject to customary closing conditions. The proceeds from the offering are intended to be used to redeem a portion of the company's 6.020% Senior Notes due 2026. The sale has been registered with the SEC and detailed in the Registration Statement, supplemented by a preliminary prospectus dated March 4, 2024, and a final prospectus supplement of the same date.
On March 4, 2024, Dell Technologies Inc. entered into an underwriting agreement with a consortium of underwriters led by Barclays Capital Inc., BofA Securities, Inc., and others, to issue and sell $1 billion aggregate principal amount of 5.400% Senior Notes due 2034. The offering price was set at 99.802% of the aggregate principal amount. The notes will be guaranteed by Dell Inc., Denali Intermediate, Inc., and EMC Corporation. The closing of the offering is expected on March 18, 2024, subject to customary closing conditions. The proceeds from the offering are intended to be used to redeem a portion of the company's 6.020% Senior Notes due 2026. The sale has been registered with the SEC and detailed in the Registration Statement, supplemented by a preliminary prospectus dated March 4, 2024, and a final prospectus supplement of the same date.

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