Reuters reported that Dell is said to be considering the asset-backed securities market, six years after ending its long-time funding partnership with CIT.
Reuters said Dell attended the recent ABS Vegas industry conference, gauging investor interest for a possible term deal. Reuters added that Dell had a joint venture with CIT for years, and its entire lease originations were owned by CIT, but Dell bought out CIT’s remaining stake in Dell Financial Services in December 2007.
To read the full Reuters article click here.
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