REDWOOD SHORES, CA — (Marketwired) — 04/28/15 — Oracle Corporation (NYSE: ORCL) today announced the pricing of its sale of $2,500,000,000 of 2.500% Notes due 2022 (the “2022 Notes”), $2,500,000,000 of 2.950% Notes due 2025 (the “2025 Notes”), $500,000,000 of 3.250% Notes due 2030 (the “2030 Notes”), $1,250,000,000 of 3.900% Notes due 2035 (the “2035 Notes”), $2,000,000,000 of 4.125% Notes due 2045 (the “2045 Notes”) and $1,250,000,000 of 4.375% Notes due 2055 (the “2055 Notes”). The offering is expected to settle on May 5, 2015, subject to customary closing conditions.
The 2022 Notes will bear interest at the rate of 2.500% per year, the 2025 Notes will bear interest at the rate of 2.950% per year, the 2030 Notes will bear interest at the rate of 3.250% per year, the 2035 Notes will bear interest at the rate of 3.900% per year, the 2045 Notes will bear interest at the rate of 4.125% per year and the 2055 Notes will bear interest at the rate of 4.375% per year. Interest will be payable semi-annually on May 15 and November 15 for each of the 2022 Notes, 2025 Notes, 2030 Notes, 2035 Notes, 2045 Notes and 2055 Notes, commencing November 15, 2015.
Oracle intends to use the net proceeds of the offering for general corporate purposes, which may include stock repurchases, payment of cash dividends on its common stock and future acquisitions.
The offering is being made through an underwriting syndicate led by J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC.
The offering of these securities is made only by means of a prospectus, copies of which may be obtained by contacting: J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Ave., New York, NY 10179, Telephone: (212) 834-4533; Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 222 Broadway, 11th Floor, New York, NY 10038, Telephone: (800) 294-1322, Email: dg.prospectus_requests@baml.com; or Wells Fargo Securities, LLC, Attention: WFS Customer Service, 608 2nd Avenue, South Minneapolis, MN 55402, Telephone: (800) 645-3751.
The notes are being offered pursuant to an automatically effective shelf registration statement filed with the U.S. Securities and Exchange Commission on April 15, 2013.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
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Ken Bond
Oracle Investor Relations
+1.650.607.0349
Deborah Hellinger
Oracle Corporate Communications
+1.212.508.7935
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