NEW YORK: Dell launched a US$20bil (RM80.40bil) investment-grade bond on May 17, upsizing the trade on the back of a massive order book as it finances its acquisition of data storage company EMC.
Investors had poured around US$87bil (RM352.26bil) of orders into the deal by late morning, one banker said, giving a hearty reception to one of the largest corporate bonds ever brought to market.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!