Business
Oracle launches $10B bond sale after capping total new debt at $20B
Oracle stock falls 6% on bond announcement, extends 33% annual decline
2 Nov 2 · 10d ago · 3 articles · 1 post · 2 sources · development 2 of 2
Shares fell nearly 6 percent on the announcement, extending a roughly 33 percent decline for the year through Friday. Oracle's existing 6.85 percent bonds due in 2066 fell more than 1.2 cents on the dollar following the news.
Oracle Corp. Software and cloud infrastructure companyHilary Maxson Oracle CFO
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What was reported 1 claim about this development
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4 outlets Oracle to offer $10 billion in bonds
first by Channel NewsAsia, 10d ago · also Quartz, Bloomberg, Bloomberg Markets
2 more headlines
- Oracle is selling $10 billion in investment-grade bonds after capping new debt Quartz · 10d ago
- Oracle Is Offering $10 Billion of High-Grade Dollar Bonds Bloomberg.com · 10d ago
All 2 developments of Oracle launches $10B bond sale after capping total new debt… →
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