secwatch.observer — SEC 8-K summary
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Issuer:     ORACLE CORP (ORCL)
CIK:        0001341439
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001193125-25-019281
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oracle issues $7.75B notes across six tranches; proceeds to refinance near-term debt and term loan
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- Issued $7.75B notes: $500M floating-rate due 2028, $1.5B 4.800% due 2028, $1.25B 5.250% due 2032, $1.75B 5.500% due 2035, $1.75B 6.000% due 2055, $1B 6.125% due 2065.
- Net proceeds to repay existing notes: 2.95% due May 2025, 3.125% due Jul 2025, 5.80% due Nov 2025, 1.65% due Mar 2026, 2.65% due Jul 2026.
- Also to make scheduled principal and interest payments on Term Loan Credit Agreement dated June 10, 2024.
- Remaining proceeds for general corporate purposes: stock repurchases, dividends, acquisitions, and debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1341439/000119312525019281/0001193125-25-019281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1341439/000119312525019281/d927919d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-019281

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