0001193125-26-265877
SEC filingDell entered into a new $6 billion senior unsecured revolving credit facility, repaid and terminated its prior credit agreement.
On June 10, 2026, Dell Technologies Inc. and certain subsidiaries entered into a new Credit Agreement providing a $6 billion senior unsecured revolving credit facility, with a $500 million letter of credit sub-facility. The facility matures in 2031, replacing the company's prior credit agreement from 2021, which was simultaneously repaid in full and terminated. Pricing is based on Dell's credit ratings, with margins ranging from 0.825% to 1.450% for SOFR loans and 0.000% to 0.450% for base rate loans, plus an unused line fee. The facility supports general corporate liquidity needs and provides incremental commitment options. This refinancing maintains Dell's access to substantial revolving credit on improved terms, reflecting its credit profile, and does not alter its overall debt structure materially beyond extending maturities.