An issue of Dell Inc. (NASDAQ:DELL) bonds rose 1.1% against their face value during trading on Wednesday. The high-yield issue of debt has a 3.375% coupon and is set to mature on June 1, 2023. The bonds in the issue are now trading at $97.45 and were trading at $96.03 last week. Price moves in a company’s bonds in credit markets often predict parallel moves in its stock price. TRADEMARK VIOLATION NOTICE: This article was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://stocknewstimes.com/2017/08/30/dell-inc-dell-debt-trading-1-1-higher.html.
Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.
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