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Oracle Prices $10.0 Billion Aggregate Principal Amount of Investment Grade Notes

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Oracle Prices $10.0 Billion Aggregate Principal Amount of Investment Grade Notes
REDWOOD SHORES, Calif. – June 30, 2014

Oracle Corporation (NYSE: ORCL) today announced the pricing of its sale of $1.0 billion of Floating Rate Notes due 2017 (the “2017 Floating Rate Notes”), $750 million of Floating Rate Notes due 2019 (the “2019 Floating Rate Notes”), $2.0 billion of 2.25% Notes due 2019 (the “2019 Fixed Rate Notes”), $1.5 billion of 2.80% Notes due 2021 (the “2021 Fixed Rate Notes”), $2.0 billion of 3.40% Notes due 2024 (the “2024 Fixed Rate Notes”), $1.75 billion of 4.30% Notes due 2034 (the “2034 Fixed Rate Notes”) and $1.0 billion of 4.50% Notes due 2044 (the “2044 Fixed Rate Notes”). The offering is expected to settle on July 8, 2014, subject to customary closing conditions.


The 2017 Floating Rate Notes will bear interest at a floating rate equal to three-month LIBOR plus 0.20% per year, the 2019 Floating Rate Notes will bear interest at a floating rate equal to three-month LIBOR plus 0.51% per year, the 2019 Fixed Rate Notes will bear interest at the rate of 2.25% per year, the 2021 Fixed Rate Notes will bear interest at the rate of 2.80% per year, the 2024 Fixed Rate Notes will bear interest at the rate of 3.40% per year, the 2034 Fixed Rate Notes will bear interest at the rate of 4.30% per year and the 2044 Fixed Rate Notes will bear interest at the rate of 4.50% per year. Interest will be payable quarterly on January 7, April 7, July 7 and October 7 for the 2017 Floating Rate Notes, commencing October 7, 2014 and quarterly on January 8, April 8, July 8 and October 8 for the 2019 Floating Rate Notes, commencing October 8, 2014. Interest will be payable semi-annually on April 8 and October 8 for the 2019 Fixed Rate Notes, commencing October 8, 2014 and semi-annually on January 8 and July 8 for each of the 2021 Fixed Rate Notes, 2024 Fixed Rate Notes, 2034 Fixed Rate Notes and 2044 Fixed Rate Notes, commencing January 8, 2015.

Oracle intends to use the net proceeds from the offering for general corporate purposes, which may include stock repurchases, payment of cash dividends on its common stock, future acquisitions, including its pending acquisition of MICROS Systems, Inc., and repayment of indebtedness, including repayment of the 3.75% senior notes due July 2014 ($1.50 billion principal amount outstanding).


The offering is being made through an underwriting syndicate led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC 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: 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; J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Ave., New York, NY 10179, Telephone: (212) 834-4533; or Wells Fargo Securities, LLC, Attention: Capital Markets Client Support, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, Telephone: (800) 326-5897.


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.

Important Information

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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Contact Info

Ken Bond
Oracle Investor Relations
+1.650.607.0349
ken.bond@oracle.com

Deborah Hellinger
Oracle Corporate Communications
+1.212.508.7935
deborah.hellinger@oracle.com


© Издание 12NEWS (ИП Маринин А.Л.) 12news.ru, 2014

Опубликовано 01.07.14 09:09
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