Dell technologies announces cash tender offers for certain outstanding debt securities
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"). the offers are subject to the tender cap (as defined below) and proration procedures described in the offer to purchase dated december 6, 2021, as amended or supplemented (the "offer to purchase"), and order of priority (the "acceptance priority levels" as set forth in the table below under "acceptance priority level"), and are made to each registered holder of securities (individually, a "holder," and collectively, the "holders") the following table sets forth certain information regarding the securities and the offers: title of security issuer(s) cusip numbers principal amount outstanding tender cap(1) (in millions) acceptance priority level(2) reference u.s. treasury security bloomberg reference page(3) fixed spread (basis points) early tender premium(4) hypothetical total consideration (4)(5)(6) 8.350% senior notes due 2046* dell international l.l.c and emc corporation 24703tak2 144a: 25272kar4 reg s: u2526daf6 $2,000,000,000 $1,000.0 1 2.000% ust due august 15, 2051 fit1 +190 $50.00 $1,742.76 8.100% senior notes due 2036* dell international l.l.c and emc corporation 24703taj5 144a: 25272kan3 reg s: u2526dae9 $1,500,000,000 n/a 2 1.375% ust due november 15, 2031 fit1 +175 $50.00 $1,551.34 6.500% senior notes due 2038 dell inc. 24702raf8 $387,815,000 n/a 3 2.000% ust due november 15, 2041 fit1 +200 $50.00 $1,317.92 5.400% senior notes due 2040 dell inc. 24702ram3 $264,389,000 n/a 4 2.000% ust due november 15, 2041 fit1 +205 $50.00 $1,197.01 6.200% senior notes due 2030* dell international l.l.c and emc corporation 24703tah9 144a: 24703dbd2 reg s: u24724ap8 $750,000,000 n/a 5 1.375% ust due november 15, 2031 fit1 +100 $50.00 $1,280.54 6.020% senior notes due 2026* dell international l.l.c and emc corporation 24703tad8 144a: 25272kak9 reg s: u2526dad1 $4,500,000,000 n/a 6 1.250% ust due november 30, 2026 fit1 +70 $50.00 $1,116.01 (1) the tender cap represents the maximum aggregate principal amount of such series of securities that will be purchased.
