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Prospect News home > News index > List of issuers D > Headlines for Dell Technologies Inc. > News item |
S&P assigns Dell notes BBB
S&P said it rated Dell International LLC’s new senior unsecured notes with EMC Corp. as co-borrower, BBB. Dell International and EMC are units of Dell Technologies Inc.
The agency upgraded Dell’s ratings to BBB from BB+ on Sept.29, 2021.
The company will use the proceeds to repay its 5.45% senior notes due 2023 and for general corporate purposes, including to repay other debt.
The outlook is stable.
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