Dell to redeem all 1.4%, 5.625%, 2.1% notes in preparation for buyout

By Marisa Wong

Madison, Wis., Feb. 19 - Dell Inc. plans to redeem in full its $500 million 1.4% senior notes due September 2013, its $500 million 5.625% senior notes due April 2014 and its $400 million 2.1% senior notes due April 2014, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The redemption is part of a proposed debt financing relating to a merger, under which Dell will become a wholly owned subsidiary of Denali Holding Inc.

Dell is a technology and IT company based in Round Rock, Texas.

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