Every 424B that Dell Technologies Inc. (DELL) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow DELL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DELL filings page.
Dell Technologies Inc. (DELL), through co-issuers Dell International L.L.C. and EMC Corporation, is offering $5.0 billion of senior unsecured notes in four tranches: 5.100% 2029 notes ($1.25 billion), 5.400% 2031 notes ($1.25 billion), 5.600% 2033 notes ($1.5 billion) and 5.900% 2037 notes ($1.0 billion).
The notes are guaranteed on a senior unsecured, joint-and-several basis by Dell Technologies Inc., Denali Intermediate Inc. and Dell Inc., but not by subsidiaries, leaving them structurally subordinated to $100.4 billion of non‑guarantor subsidiary liabilities as of July 31, 2026. They rank equal with other senior indebtedness of the issuers and guarantors.
Expected net proceeds of about $4.965 billion will be used to repay Dell’s outstanding 4.900% first‑lien notes due October 1, 2026, with any remainder for general corporate purposes, including other debt repayment. The notes are callable with a make‑whole premium before specified “par call” dates and at par thereafter, and carry a 101% repurchase right upon a Change of Control Triggering Event. The notes will not be listed on any securities exchange.
Dell Technologies Inc. (DELL), through co-issuers Dell International L.L.C. and EMC Corporation, is conducting an underwritten Offering of multiple series of senior unsecured notes under its June 11, 2026 base prospectus. The notes will be jointly and severally guaranteed on a senior unsecured basis by Dell Technologies Inc., Denali Intermediate Inc. and Dell Inc., but will not be guaranteed by any subsidiaries of the issuers.
Dell intends to use the net proceeds to repay its outstanding 4.900% First Lien Notes due October 1, 2026 and any remaining proceeds for general corporate purposes, which may include repayment of other debt. The notes feature optional redemption, including make-whole redemptions before specified par call dates, and a requirement to offer to repurchase upon a Change of Control Triggering Event at 101% of principal plus accrued interest. The notes will rank equally with other existing and future senior indebtedness of the issuers, but will be structurally subordinated to liabilities of non-guarantor subsidiaries.
As of July 31, 2026, Dell reported cash and cash equivalents of $11.6 billion and total debt of $34.7 billion in principal, including $25.0 billion of existing notes and $9.6 billion of Dell Financial Services debt, with a shareholders’ equity deficit of $1.4 billion and total capitalization of $33.0 billion. Non‑guarantor subsidiaries (excluding the issuers) had $100.4 billion of total liabilities structurally senior to the notes and guarantees. The notes will not be listed on any securities exchange, and there is currently no established trading market.
Dell International L.L.C. and EMC Corporation are offering $3.0 billion of senior notes in three tranches. The offering consists of $1.0 billion of 4.750% notes due 2031, $750 million of 5.000% notes due 2034 and $1.25 billion of 5.250% notes due 2037. Net proceeds, estimated at approximately $2,967 million, are intended for general corporate purposes and may be used to repay debt. The notes will be jointly and severally guaranteed by Dell Technologies Inc., Denali Intermediate Inc. and Dell Inc., will rank equal with existing senior indebtedness of the issuers and will not be listed on an exchange.
Dell Technologies is offering multiple series of senior notes through a preliminary prospectus supplement dated for issuance by Dell International L.L.C. and EMC Corporation, with guarantees from Dell Technologies Inc., Denali Intermediate Inc. and Dell Inc. Proceeds are intended for general corporate purposes, which may include repayment of debt. The notes are unsecured senior obligations, pari passu with existing senior debt, not listed on any exchange, and will not be guaranteed by the issuers’ subsidiaries. The offering document describes optional redemption mechanics, a Change of Control Triggering Event repurchase at 101%, and limited covenants including lien and sale-and-leaseback tests. The supplement also discloses a new $6,000,000,000 revolving credit facility maturing and termination of the prior facility.