A Dell logo is pictured on the side of a computer in this photo illustration in the Manhattan borough of New York October 12, 2015. REUTERS/Carlo Allegri
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.
