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Dell Inc. has announced to sell $20 billion of secured debt as part of its funding to acquire EMC Corp. It was previously known that the tech giant could not finance the purchase on its own.

With the current funds, the deal is anticipated to be closed by the end of October.

The EMC acquisition is the latest move by the computer maker to restructure it from a traditional personal computer provider to a services provider. EMC is a prevailing data-storage company with valuable software solutions. EMC would support Dell survive under this technology shift as customers move from computers to smartphones, and companies from corporate data center to cloud computing.

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According to Dealogic, initially, Dell planned to raise $16 billion but the final deal is higher, making it the fourth biggest bond deal to date. An anonymous banker had said that investors demand wound up in $87 billion of orders by late morning, offering a notable reception to one of the largest deals.

This strong book building let the tech company to gear pricing substantially and launch the agreement at a tighter level than the first.

Dell has issued investment-grade bonds that spread across six trenches with maturities from three years to 30 years of range.  Compared to junk bonds, these bonds will have low risks but will produce similar returns nonetheless. This is the likely reason investors have all jumped in to grab the opportunity despite concerns about long-term prospects of the computer and data-storage corporation.

The new bonds will also pay high interest compared to similar bonds but lower than the first offer. This is due to very high investor demand. For example, a $4.5 billion, 10-year bond will produce 4.15% points higher than treasury, or 6%, compared to 6.5% offered initially.  The average yield on triple B rate bond was 3.58% on Monday, according to Barclays.

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The $67 billion EMC deal will be funded through debt. Besides the current $20 billion, Dell was also able to secure commitment for $50 billion funding from various banks. The tech giant arranged the transaction in a way that it won investment grade rating and managed to raise funds from bonds.

However, the tech gargantuan still needs to issue an approximate $3.25 billion of junk bonds for the deal, which is subject to Chinese officials and EMC shareholders.

Similarly to its past leverage buyout when it turned from public to a private company in 2013, Dell is increasing its financial risk by this great amount of debt. However, the company will now have lucrative businesses to aid in paying back debt via revenue. One of Dell’s advantages is that the cost of debt for corporations has significantly gone down since the past months as recession fear has shrunk and the Federal Reserve has reported no plans for rate hikes in the coming months.