3rdPartyFeeds

Dell International LLC — Moody’s assigns Baa3 rating to Dell’s senior secured notes

Moody's Investors Service ("Moody's") assigned a Baa3 rating to the new senior secured notes being issued by Dell International L.L.C. and EMC Corporation, as co-issuers, which are wholly-owned subsidiaries of Dell Technologies, Inc. Dell Inc.'s existing ratings, including the Ba1 Corporate Family Rating (CFR), and stable rating outlook are not affected. Moody's expects Dell to use the proceeds from the issuance to repay maturing debt over the next 12 to 24 months. Read More...

Moody’s Investors Service (“Moody’s”) assigned a Baa3 rating to the new senior secured notes being issued by Dell International L.L.C. and EMC Corporation, as co-issuers, which are wholly-owned subsidiaries of Dell Technologies, Inc. Dell Inc.’s existing ratings, including the Ba1 Corporate Family Rating (CFR), and stable rating outlook are not affected. Moody’s expects Dell to use the proceeds from the issuance to repay maturing debt over the next 12 to 24 months.

Read More

Add Comment

Click here to post a comment