Oracle Prices $10 Billion Aggregate Principal Amount of

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Oracle Prices $10 Billion Aggregate Principal Amount of Investment Grade Notes

REDWOOD SHORES, CA--(Marketwired - Apr 28, 2015) - Oracle Corporation ( NYSE : ORCL ) today announced the pricing of its sale of $2,500,000,000 of 2.500% Notes due 2022 (the "2022 Notes"), $2,500,000,000 of 2.950% Notes due 2025 (the "2025 Notes"), $500,000,000 of 3.250% Notes due 2030 (the "2030 Notes"), $1,250,000,000 of 3.900% Notes due 2035 (the "2035 Notes"), $2,000,000,000 of 4.125% Notes due 2045 (the "2045 Notes") and $1,250,000,000 of 4.375% Notes due 2055 (the "2055 Notes"). The offering is expected to settle on May 5, 2015, subject to customary closing conditions.

The 2022 Notes will bear interest at the rate of 2.500% per year, the 2025 Notes will bear interest at the rate of 2.950% per year, the 2030 Notes will bear interest at the rate of 3.250% per year, the 2035 Notes will bear interest at the rate of 3.900% per year, the 2045 Notes will bear interest at the rate of 4.125% per year and the 2055 Notes will bear interest at the rate of 4.375% per year. Interest will be payable semi-annually on May 15 and November 15 for each of the 2022 Notes, 2025 Notes, 2030 Notes, 2035 Notes, 2045 Notes and 2055 Notes, commencing November 15, 2015.

Oracle intends to use the net proceeds of the offering for general corporate purposes, which may include stock repurchases, payment of cash dividends on its common stock and future acquisitions.

The offering is being made through an underwriting syndicate led by J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC.

The offering of these securities is made only by means of a prospectus, copies of which may be obtained by contacting: J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Ave., New York, NY 10179, Telephone: (212) 834-4533 ; Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 222 Broadway, 11th Floor, New York, NY 10038, Telephone: (800) 294-1322 , Email: dg.prospectus_requests@baml.com; or Wells Fargo Securities, LLC, Attention: WFS Customer Service, 608 2 nd Avenue, South Minneapolis, MN 55402, Telephone: (800) 645-3751 .

The notes are being offered pursuant to an automatically effective shelf registration statement filed with the U.S. Securities and Exchange Commission on April 15, 2013.

Important Information

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info Ken Bond Oracle Investor Relations +1.650.607.0349 Email Contact Deborah Hellinger Oracle Corporate Communications +1.212.508.7935 Email Contact

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

TCM Group A/S Sees Significant Shareholder Changes Revealed

Updated Category News Views 198

TCM Group A/S Reports Major Shareholder Developments In an important corporate announcement, TCM Group A/S has disclosed significant shifts in its shareholder structure. According to updates released under section 30 of the Danish Capital Markets Act, the well-known banking institution, Bank of America Corporation, has altered its position regarding stock holdings and...

Continue Reading
Four Seasons Education Releases Annual Report for 2025 Fiscal Year

Updated Category News Views 189

Four Seasons Education Files Annual Report for Fiscal Year 2025 Four Seasons Education (Cayman) Inc. (NYSE: FEDU), a prominent player in the tourism and education sector, is excited to announce the filing of its annual report on Form 20-F with the Securities and Exchange Commission (SEC). This comprehensive report outlines the performance and financial results for the...

Continue Reading
Discover Innovations in FinTech: May 2025 Highlights

Updated Category News Views 1010

Exploring the Future of Finance: May Edition Highlights In the latest release, FinTech Magazine examines the evolving landscape of financial services, focusing on innovative solutions for businesses and consumers alike. This month's edition features a remarkable collection of stories impacting the world of finance, highlighting industry leaders and their unique...

Continue Reading
Atradius Achieves Lloyd's Approval for Trade Credit Underwriting

Updated Category News Views 138

Atradius Secures Lloyd's Underwriting Approval Atradius has officially received regulatory approval for its Lloyd's Syndicate 1864, paving the way for enhanced trade credit risk management starting January 1, 2026. This significant achievement follows prior approvals received earlier in the year, confirming Atradius' commitment to providing top-tier solutions for...

Continue Reading
Velera's Strategic Alliance with Kinective Enhances Financial Innovation

Updated Category News Views 225

Velera Teams Up with Kinective for Enhanced Financial Solutions In a dynamic move toward enhancing innovation and efficiency in the financial technology sector, Velera has formed a strategic partnership with Kinective. This collaboration aims to accelerate the market introduction of cutting-edge software products specifically designed for credit unions, providing the...

Continue Reading