---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014260"
form_type: "8-K"
ticker: "DELL"
cik: "0001571996"
company_name: "Dell Technologies Inc."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:47:34.165101+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dell issues $2B in senior notes: $1B at 5.250% due 2028, $1B at 5.750% due 2033

## Summary
- Aggregate principal $2B: $1B 5.250% Senior Notes due 2028 and $1B 5.750% Senior Notes due 2033.
- Interest accrues from Jan 24, 2023; paid semi-annually on Feb 1 and Aug 1 starting Aug 1, 2023.
- Notes are senior unsecured obligations of Dell International and EMC, guaranteed by Dell Technologies and other subsidiaries.
- Issued under an existing shelf registration (Form S-3ASR); use of proceeds not specified.
- Holders may require repurchase at 101% plus accrued interest upon a change of control triggering event.

## SEC filing metadata
- accession: 0001193125-23-014260
- form_type: 8-K
- ticker: DELL
- cik: 0001571996
- company_name: Dell Technologies Inc.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571996/000119312523014260/0001193125-23-014260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571996/000119312523014260/d453590d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014260
- JSON: https://secwatch.observer/filing/0001193125-23-014260.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014260.txt

## Key facts
- Debt Financings
  Dell Technologies Inc. incurred senior notes of $1,000,000,000 with Holders of the Notes at 5.750% maturing February 1, 2033.
  - Instrument: senior notes
  - Principal: $1,000,000,000
  - Counterparty: Holders of the Notes
  - Rate: 5.750%
  - Maturity: February 1, 2033
  - Event: incurrence
  source text: On January 24, 2023, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of $1,000,000,000 aggregate principal amount of the Issuers’ 5.250% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 aggregate principal amount of the Issuers’ 5.750% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571996/000119312523014260/0001193125-23-014260-index.htm
- Debt Financings
  Dell Technologies Inc. incurred senior notes of $1,000,000,000 with Holders of the Notes at 5.250% maturing February 1, 2028.
  - Instrument: senior notes
  - Principal: $1,000,000,000
  - Counterparty: Holders of the Notes
  - Rate: 5.250%
  - Maturity: February 1, 2028
  - Event: incurrence
  source text: On January 24, 2023, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of $1,000,000,000 aggregate principal amount of the Issuers’ 5.250% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 aggregate principal amount of the Issuers’ 5.750% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571996/000119312523014260/0001193125-23-014260-index.htm
- Material Agreements
  Dell Technologies Inc. entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $1,000,000,000 aggregate principal amount of the Issuers’ 5.250% Senior Notes due 2028 (effective 2023-01-24).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Value: $1,000,000,000 aggregate principal amount of the Issuers’ 5.250% Senior Notes due 2028
  - Effective: 2023-01-24
  source text: On January 24, 2023, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of $1,000,000,000 aggregate principal amount of the Issuers’ 5.250% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 aggregate principal amount of the Issuers’ 5.750% Senior Notes due 2033 (the “2033 Notes” and, together with the 2028 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571996/000119312523014260/0001193125-23-014260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.