| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,000.000 | 5 | Feb-28 | Sr. Unsecured | Baa2 | BBB | BBB | Fixed | Tsy | T+190 a | T+160 | 160 | 5.25% | 15 | 99.95500 |
| USD | 1,000.000 | 10 | Feb-33 | Sr. Unsecured | Baa2 | BBB | BBB | Fixed | Tsy | T+250 a | T+225 | 225 | 5.75% | 10 | 99.78800 |
Tranche Comments
5 yr: Book size: 4600; First Pay: 2023-08-01; Redemption: 2028-01-01; Registration: Registered; Comments: US$1bn 5.25% cpn 5yr(2/1/28) at 99.955, yld 5.26%. Spread: T+160bp. MWC T+25bp. Par Call: 1m. CoC: Yes;
10 yr: Book size: 4250; First Pay: 2023-08-01; Redemption: 2032-11-01; Registration: Registered; Comments: US$1bn 5.75% cpn 10yr(2/1/33) at 99.788, yld 5.778%. Spread: T+225bp. MWC T+35bp. Par Call: 3m. CoC: Yes;
Deal Comments
Active Bookrunners: WFS (B&D), BRC, MOS, JPM, BAM, GSC. Passive Bookrunners: BNP, CTI, CSG, DEU, HSB, MIZ, MUF, PNC, RBC, SCO, SOC, TDS
Guarantor(s)
Dell Technologies Inc, Denali Intermediate Inc, Dell Inc
Use of Proceeds
Repay notes and for general corporate purposes
AllReportsSurveillanceOther