Dell Technologies Completes $3.0 Billion Senior Notes Offering
Simpson Thacher represented Dell Technologies Inc. (the “Company”) in connection with its registered public offering of $3.0 billion aggregate principal amount of Senior Notes, consisting of $1.0 billion of 4.750% Senior Notes due 2031, $750 million of 5.000% Senior Notes due 2034 and $1.25 billion of 5.250% Senior Notes due 2037, by two of the Company’s wholly owned subsidiaries as co-issuers. The proceeds from the offering will be used for general corporate purposes, which may include the repayment of debt.
Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The Company provides customers with the industry's broadest and most innovative technology and services portfolio for the AI era.
The Simpson Thacher team included Hui Lin, Jessica Asrat, Michael Tremeski and Emma Taylor (Capital Markets); Michael Mann (Tax); Tristan Brown and J. Pasco Struhs (Executive Compensation and Employee Benefits); James Talbot and Paige Brinton (Intellectual Property); Toby Chun (Environmental); Abram Ellis, Christine Tillema and Cary Milanes (Regulatory); and Andrew Pagliughi (Blue Sky).