Deals
Dell Said to Offer Premium to Lure Buyers to EMC Bond Deal
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Dell Inc. is paying up to sell more than $16 billion of secured bonds that will finance its $67 billion acquisition of EMC Corp. in what’s likely to be the week’s premier debt offering.
While the computer maker’s proposed notes have been given the lowest investment-grade, the yields offered may entice investors who typically buy higher-rated junk bonds, said Matthew Duch, a money manager at Calvert Investments in Bethesda, Maryland, which has about $12 billion of assets under management