Dell (DELL +0.7%) is seeking $13.8B in loans to carry out its $13.65/share LBO, the company...

|About: Dell Inc. (DELL)|By:, SA News Editor

Dell (DELL +0.7%) is seeking $13.8B in loans to carry out its $13.65/share LBO, the company discloses in an 8-K. Bankers plan to raise a $4B term B loan, a $1.5B term C loan, a $2B asset-backed loan, $3.25B in bridge loans, and $3B in receivables financing facilities. Also: Michael Dell is investing $500M of his own capital on top of his stake in the company. Dell ticked higher to $13.52 today as shareholder criticism of the LBO mounts.