Dell Said to Offer Premium to Lure Buyers to EMC Bond Deal

Lock
This article is for subscribers only.

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