secwatch.observer — SEC 8-K summary
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Issuer:     ORACLE CORP (ORCL)
CIK:        0001341439
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001193125-23-025644
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oracle issues $5.25B in notes across four tranches to repay debt and commercial paper
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- Issued $750M 4.500% notes due 2028, $750M 4.650% notes due 2030, $1.5B 4.900% notes due 2033, $2.25B 5.550% notes due 2053.
- Net proceeds to prepay $3.1B remaining borrowings under March 2022 delayed draw term loan.
- Proceeds also to repay $1.25B senior notes due Feb 2023 and outstanding commercial paper.
- Offering closed Feb 6, 2023; underwriters include BofA, Citigroup, Goldman Sachs, HSBC, J.P. Morgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341439/000119312523025644/0001193125-23-025644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341439/000119312523025644/d356350d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-025644

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