---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-037840"
form_type: "8-K"
ticker: "ORCL"
cik: "0001341439"
company_name: "ORACLE CORP"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T04:51:00.119907+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Oracle launches $20B ATM equity program and issues $25B in notes

## Summary
- Entered ATM offering for up to $20B of common stock, with up to 0.50% sales agent commission.
- Issued $25B aggregate principal across eight tranches: floating rate 2029, fixed 4.55%-6.85% due 2029-2066.
- Net proceeds from both financings for general corporate purposes, including capex, debt repayment, M&A, dividends, buybacks.
- Notes offering underwritten by BofA, Citi, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan among others.
- ATM program effective Feb 2, 2026; note issuance consummated Feb 4, 2026.

## SEC filing metadata
- accession: 0001193125-26-037840
- form_type: 8-K
- ticker: ORCL
- cik: 0001341439
- company_name: ORACLE CORP
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341439/000119312526037840/0001193125-26-037840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341439/000119312526037840/d23732d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-037840
- JSON: https://secwatch.observer/filing/0001193125-26-037840.json
- Plain text: https://secwatch.observer/filing/0001193125-26-037840.txt

## Key facts
- Material Agreements
  ORACLE CORP entered into Equity Distribution Agreement with BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., BNP Paribas Securities Corp., PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., Santander US Capital Markets LLC, TD Secur valued at $20.0 billion (effective 2026-02-02).
  - Action: entry
  - Agreement: atm program
  - Counterparty: BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., BNP Paribas Securities Corp., PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., Santander US Capital Markets LLC, TD Secur
  - Value: $20.0 billion
  - Effective: 2026-02-02
  source text: On February 2, 2026, Oracle Corporation, a Delaware corporation ("Oracle") entered into an equity distribution agreement (the "Equity Distribution Agreement") with BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as sales agents, to sell shares of common stock, par value $0.01 per share, of Oracle (the "Common Stock") having aggregate sales proceeds of up to $20.0 billion (the "Shares"), from time to time, through an "at-the-market" offering program (the "ATM Offering").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341439/000119312526037840/0001193125-26-037840-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.