Dell raises $3B through senior notes offering with rates up to 5.25%

Filed June 16, 2026 · Period ending June 16, 2026 · ~1 min read

Key Changes

• high

  Dell subsidiaries issued $3 billion in senior unsecured notes across three tranches: $1B due 2031 at 4.75%, $750M due 2034 at 5.0%, and $1.25B due 2037 at 5.25%. Proceeds for general corporate purposes or debt refinancing.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Notes are guaranteed by Dell Technologies and key subsidiaries on joint and several basis, ranking equally with existing senior debt but subordinated to debt at non-guarantor subsidiaries.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Dell can redeem notes early at make-whole premium until shortly before maturity, then at par value. Gives company refinancing flexibility if rates decline while protecting investors.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →