Dell International L.L.C. and EMC Corporation’s $4.5 Billion Registered Senior Notes Offering

Cravath represented the underwriters in connection with the $4.5 billion registered senior notes offering of Dell International L.L.C. and EMC Corporation. Dell International L.L.C. and EMC Corporation are wholly-owned subsidiaries of Dell Technologies, a leading integrated technology solutions provider in the IT industry. The transaction closed on October 6, 2025.

The Cravath team included partners Craig F. Arcella and Kelly M. Smercina, associate Laura Serban and foreign associate attorney Luis A. Suarez del Real T. on capital markets matters; associate Carolyn Liziewski on tax matters; and partner Eric W. Hilfers and associate S. Celine Li on executive compensation and benefits matters.