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Update: Oracle Prices $20 Billion Offerings of Common Stock, Notes

Update: Oracle Prices $20 Billion Offerings of Common Stock, Notes

MT newswireMT newswire2026/11/03 07:44
03:44 AM EST, 11/03/2026 (MT Newswires) -- (Updates to add the discount to the stock's Monday closing price in the first paragraph.) Oracle (ORCL) said late Monday it has priced a $10 billion offering of 86.2 million of its common shares at $116 per share, which is equal to a 2.7% discount relative to the stock's latest closing price. 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.
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