Skip to content
Subscriber Only

Dell Gets $13.8 Billion Financing for Biggest Buyout Since 2007

Dell Inc., the personal computer maker being acquired by Silver Lake Management LLC and Chief Executive Officer Michael Dell, is seeking $13.8 billion in loans to support the leveraged buyout.

Bank of America Corp., Barclays Plc, Credit Suisse Group AG, and Royal Bank of Canada are arranging the financing, which includes a $4 billion term B portion, a $1.5 billion C slice, a $2 billion asset-backed piece, and $3.25 billion of bridge facilities, the company said today in a regulatory filing. There’s also a $1.9 billion commercial receivables portion and a $1.1 billion revolving consumer receivables facility.