Oracle estimates total principal amount of $ 15 billion in investment grade bonds


AUSTIN, Texas, March 22, 2021 / PRNewswire / – Oracle Corporation (NYSE: ORCL) today announced the price for its sale of $ 2,750,000,000 1.650% of Bonds due 2026 (the “2026 Bonds”), $ 2,000,000,000 2.300% of Bonds due 2028 (the “2028 Bonds”), $ 3,250,000,000 2.875% of Bonds maturing in 2031 (the “2031 Bonds”), $ 2,250,000,000 3.650% of Bonds due 2041 (the “2041 Bonds”), $ 3,250,000,000 3.950% of Bonds maturing in 2051 (the “2051 Bonds”) and $ 1,500,000,000 4.100% of Bonds maturing in 2061 (the “2061 Bonds”). The offer is expected to be settled on March 24, 2021, subject to customary closing conditions.

The 2026 Notes will bear interest at the rate of 1.650% per annum, the 2028 Notes will bear interest at the rate of 2.300% per annum, the 2031 Notes will bear interest at the rate of 2.875% per annum, the 2041 Notes will bear interest at the rate of 3.650% per annum, the 2051 Notes will bear interest at the rate of 3.950% per annum and the 2061 Notes will bear interest at the rate of 4.100% per annum. Interest on each series of Notes will be payable semi-annually on March 25 and September 25, starting September 25, 2021.

Oracle intends to use the net proceeds of the offering for general corporate purposes, which includes debt repayment, and may also include the payment of cash dividends on its common stock, repurchases shares and future acquisitions.

The offering is being made through an investment syndicate led by BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., JP Morgan Securities LLC and Wells Fargo Securities, LLC.

These securities are offered only by means of a prospectus, copies of which can be obtained by contacting: BofA Securities, Inc., NC1-004-03-43, 200 North College Street – 3rd Floor, Charlotte, North Carolina 28255-0001, Attn .: Prospectus Department, Phone: 1-800-294-1322, Email: [email protected]; Citigroup Global Markets Inc., c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, phone: (800) 831-9146; [email protected]; Deutsche Bank Securities Inc., Attention: Groupe Prospectus, 60 Wall Street, New York, New York State 10005-2836, toll free: (800) 503-4611; [email protected]; JP Morgan Securities LLC, 383 Madison Avenue New York, New York 10179, Phone: 1-212-834-4533; or Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attention WFS Customer Service, Email: [email protected], Toll free: 1-800-645-3751.

The Notes are being offered pursuant to a current automatic registration statement filed by Oracle Corporation with the United States Securities and Exchange Commission on March 11, 2021.

Important information

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is illegal.

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