secwatch.observer — SEC 8-K summary
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Issuer:     ORACLE CORP (ORCL)
CIK:        0001341439
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001193125-22-281194
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oracle issues $7B in notes across four tranches, upsizes term loan by $1.3B
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- Issued $1B of 5.800% notes due 2025, $1.25B of 6.150% notes due 2029, $2.25B of 6.250% notes due 2032, $2.5B of 6.900% notes due 2052.
- Net proceeds used to prepay borrowings under March 2022 delayed draw term loan (DDTL) on dollar-for-dollar basis.
- Upsized term loan commitments by $1.3B on Nov 2, 2022, borrowing that amount to prepay DDTL.
- Underwriters include BofA Securities, Citigroup, Goldman Sachs, HSBC, and J.P. Morgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341439/000119312522281194/0001193125-22-281194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341439/000119312522281194/d404441d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-281194

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