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Dell Plans $4 Billion Investment-Grade Bond Sale to Refinance Debt Amid AI Server Demand

OdailyOdaily

Odaily News: Dell Technologies is seeking to raise approximately $4 billion through an investment-grade bond issuance to refinance existing debt. According to people familiar with the matter, the final size of the offering has not yet been determined and will be adjusted based on market demand. The bond sale comes amid continued growth in AI-driven server demand, with Dell benefiting from the boom in AI infrastructure investment, which has boosted its performance. (Bloomberg)

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