New Issue-Dell sells $1.5 bln in three parts

Sept 8 (Reuters) - Dell Inc (DELL.O) sold $1.5 billion of
senior notes in three parts, said IFR, a Thomson Reuters
service.

Barclays, Goldman Sachs, and Morgan Stanley were the joint
bookrunning managers for the sale.
BORROWER: DELL INC
TRANCHE 1
AMT $500 MLN COUPON 1.40 PCT MATURITY 9/10/2013
TYPE SR NTS ISS PRICE 99.886 FIRST PAY 3/10/2011
MOODY'S A2 YIELD 1.439 PCT SETTLEMENT 9/10/2010
S&P A-MINUS SPREAD 70 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 15 BPS
TRANCHE 2
AMT $700 MLN COUPON 2.30 PCT MATURITY 9/10/2015
TYPE SR NTS ISS PRICE 99.977 FIRST PAY 3/10/2011
MOODY'S A2 YIELD 2.305 PCT SETTLEMENT 9/10/2010
S&P A-MINUS SPREAD 90 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 15 BPS
TRANCHE 3
AMT $300 MLN COUPON 5.40 PCT MATURITY 9/10/2040
TYPE SR NTS ISS PRICE 99.926 FIRST PAY 3/10/2011
MOODY'S A2 YIELD 5.405 PCT SETTLEMENT 9/10/2010
S&P A-MINUS SPREAD 175 BPS PAY FREQ SEMI-ANNUAL
FITCH SINGLE-A MORE THAN TREAS MAKE-WHOLE CALL 30 BPS