Bloomberg News

Dell Bonds Tumble Most in 16 Months on Report of Buyout Talks

January 14, 2013

Dell Inc. (DELL:US)’s bonds fell to the lowest level in almost 16 months following a report that the personal- computer maker is in buyout talks with private-equity firms.

Dell’s $400 million of 4.625 percent notes due April 2021 declined 5.24 cents to 103.57 cents on the dollar to yield 4.11 percent as of 3:36 p.m. in New York, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. That’s the lowest level for the debt since Sept. 15, 2011.

Dell is discussing going private with at least two firms, according to a person with knowledge of the matter who asked not to be identified because the talks are private. The discussions are preliminary and could fall apart, according to the report from Bloomberg News.

To contact the reporter on this story: Alan Goldstein in New York at

To contact the editor responsible for this story: Alan Goldstein at

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