Oracle Prices $20 Billion Offerings of Common Stock, Notes
MT newswire2026/11/03 07:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
03:23 AM EST, 11/03/2026 (MT Newswires) -- Oracle (ORCL) said Monday it has priced a $10 billion offering of 86.2 million of its common shares at $116 per share. The company also priced its offering of $2 billion of its 7% notes due 2029; $1.75 billion of its 7.45% notes due 2031; $2.25 billion of its 7.85% notes due 2033; $2.50 billion of its 8% notes due 2037, and $1.50 billion of its 8.65% notes due 2046. The offerings are expected to close on Wednesday. Net proceeds from the common stock offering are estimated to be about $9.9 billion, while net proceeds from the notes offering are projected to be about $10 billion. Proceeds from the offerings will be used for general corporate purposes, including capital expenditures, debt repayments, future investments or acquisitions, payment of cash dividend or repurchases of stock.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
BUZZ-Talen Energy rises on upbeat 2027 outlook and expanded share buyback plan
路透社•2026/11/03 13:06

BUZZ - Graphic Packaging shares rise as third-quarter results beat expectations
路透社•2026/11/03 12:56
Crypto prices
MoreBitcoin
BTC
$77,275.55
-0.38%
Ethereum
ETH
$2,278.14
-0.03%
Tether USDt
USDT
$0.9983
-0.03%
BNB
BNB
$699.22
-0.57%
XRP
XRP
$1.28
+2.30%
USDC
USDC
$0.9997
-0.00%
Solana
SOL
$92.72
-1.15%
TRON
TRX
$0.3217
+1.61%
Hyperliquid
HYPE
$84.49
-0.89%
Zcash
ZEC
$1,204.6
-3.25%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now