secwatch.observer — SEC 8-K summary
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Issuer:     ORACLE CORP (ORCL)
CIK:        0001341439
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001193125-24-227971
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oracle issues $6.25B in notes across four tranches; proceeds to repay near-term maturities
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- Issued $1.5B 4.200% notes due 2029, $1.75B 4.700% notes due 2034, $1.75B 5.375% notes due 2054, and $1.25B 5.500% notes due 2064.
- Net proceeds to repay 2.95% notes due Nov 2024, 2.50% notes due Apr 2025, 2.95% notes due May 2025, and commercial paper.
- Remaining proceeds may be used for stock repurchases, dividends, acquisitions, or other corporate purposes.
- Underwriting led by BofA Securities, Citigroup, Goldman Sachs, HSBC, and J.P. Morgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341439/000119312524227971/0001193125-24-227971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341439/000119312524227971/d832518d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-227971

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