Cahill Represents Lead Arrangers in Financing for Dell Technologies Inc.
Date: 12/20/18
Cahill represented the lead arrangers in connection with an amendment to Dell Inc.’s existing credit facilities to refinance its existing revolving credit facility with a new $4,500,000,000 revolving credit facility and to provide for new term A facilities in an aggregate principal amount of $3,666,348,632. The proceeds of the term A facilities were used to finance the cash consideration in a transaction to simply Dell Technologies’ capital structure by eliminating its publicly traded Class V tracking stock. The proceeds of the revolving credit facility will be used for general corporate purposes. Dell Technologies is a leading information technology company.