An issue of Dell Inc. (NASDAQ:DELL) debt rose 1.6% against its face value during trading on Tuesday. The high-yield debt issue has a 2.65% coupon and will mature on June 1, 2020. The debt is now trading at $98.58 and was trading at $98.50 last week. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its share price.
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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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