AUSTIN, Texas, March 22, 2021 /PRNewswire/ -- Oracle
Corporation (NYSE: ORCL) today announced the pricing of its sale of
$2,750,000,000 of 1.650% Notes due
2026 (the "2026 Notes"), $2,000,000,000 of 2.300% Notes due 2028 (the
"2028 Notes"), $3,250,000,000 of
2.875% Notes due 2031 (the "2031 Notes"), $2,250,000,000 of 3.650% Notes due 2041 (the
"2041 Notes"), $3,250,000,000 of
3.950% Notes due 2051 (the "2051 Notes") and $1,500,000,000 of 4.100% Notes due 2061 (the
"2061 Notes"). The offering is expected to settle on March 24, 2021, subject to customary closing
conditions.
The 2026 Notes will bear interest at the rate of 1.650% per
year, the 2028 Notes will bear interest at the rate of 2.300% per
year, the 2031 Notes will bear interest at the rate of 2.875% per
year, the 2041 Notes will bear interest at the rate of 3.650% per
year, the 2051 Notes will bear interest at the rate of 3.950% per
year and the 2061 Notes will bear interest at the rate of 4.100%
per year. Interest on each series of notes will be payable
semi-annually on March 25 and
September 25, commencing September 25, 2021.
Oracle intends to use the net proceeds of the offering for
general corporate purposes, which includes the repayment of
indebtedness, and may also include payment of cash dividends on its
common stock, stock repurchases and future acquisitions.
The offering is being made through an underwriting syndicate led
by BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche
Bank Securities Inc., J.P. Morgan Securities LLC 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: BofA
Securities, Inc., NC1-004-03-43, 200 North College Street - 3rd
Floor, Charlotte, North Carolina
28255-0001, Attn: Prospectus Department, Telephone: 1-800-294-1322,
Email: dg.prospectus_requests@bofa.com; Citigroup Global Markets
Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, Telephone:
(800) 831-9146; prospectus@citi.com; Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Toll-Free:
(800) 503-4611; prospectus.CPDG@db.com; J.P. Morgan Securities LLC,
383 Madison Avenue New York, New
York 10179, Telephone: 1-212-834-4533; or Wells Fargo
Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attn: WFS
Customer Service, E-Mail: wfscustomerservice@wellsfargo.com,
Toll-Free: 1-800-645-3751.
The notes are being offered pursuant to an automatically
effective shelf registration statement filed by Oracle Corporation
with the U.S. Securities and Exchange Commission on March 11, 2021.
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
The Oracle Cloud offers complete suites of integrated
applications plus secure Generation 2 Infrastructure featuring the
Oracle Autonomous Database.
Trademarks
Oracle and Java are registered trademarks of Oracle. Other names
may be trademarks of their respective owners.
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SOURCE Oracle