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Oracle Plans $10 Billion Note Offering as Shares Fall 2.5% Premarket

The proposed sale includes floating- and fixed-rate notes maturing from 2029 through 2046. Oracle shares fell 2.5% in premarket trading Monday, Nov. 2.

Unmarked bond papers fan across a dark slate surface / TokenPost.ai
Unmarked bond papers fan across a dark slate surface / TokenPost.ai

Oracle plans to issue $10 billion in notes with maturities through 2046, adding details to its debt sale as shares fell 2.5% in premarket trading Monday.

The proposed sale includes floating- and fixed-rate notes, with maturities ranging from 2029 through 2046. Oracle began a six-tranche U.S. dollar debt sale earlier Monday.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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