Market Chatter: Oracle Commences Eight-Part Bond Sale

MT Newswires Live02-02 21:16

Oracle (ORCL) has initiated a US dollar bond sale in as many as eight parts as it looks to raise $45 billion to $50 billion this year through debt and equity sales, Bloomberg reported Monday, citing a person with knowledge of the matter.

The for-sale debt have maturities ranging from three to 40 years, with initial price discussions for the 40-year bond centered on a premium of about 2.25 percentage points above Treasuries, the person reportedly told Bloomberg.

Oracle didn't immediately reply to a request for comment from MT Newswires.

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