(Bloomberg) -- Dell Technologies Inc.’s bonds rallied on Monday, after the software and computer company said it will buy back older securities in a move expected to cut future interest expenses.Most Read from BloombergEven in the Metaverse, Not All Identities Are Created EqualThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersMeet the New Climate Refugee in Town: CoyotesAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsRisk premiums on the company’
ROUND ROCK, Texas, Dec. 6, 2021 Dell Technologies Inc. (NYSE:DELL) announces that Dell Inc., its wholly-owned subsidiary ("Dell"), has commenced cash tender offers (collectively, the "Offers") for up to $2.500 billion aggregate purchase price (excluding accrued and unpaid interest to, but not including, the applicable settlement date and excluding fees and expenses related to the Offers) (the "Maximum Tender Amount") of the debt securities listed in the table below (collectively, the "Securities
Dell Technologies Inc. (NYSE: DELL) (the "Company" or "Dell Technologies") announces the commencement of a private offering of Senior Notes (the "Notes") to be issued by two of its wholly-owned subsidiaries, Dell International L.L.C. and EMC Corporation, as co-issuers (the "co-issuers"). The Notes will be guaranteed on a joint and several basis by Dell Technologies, Denali Intermediate Inc. and Dell Inc.