News & Events

Oracle Corporation recently designated the Firm to act as counsel to Banc of America Securities, Morgan Stanley and Wachovia Capital Markets, the underwriters of $4.5 billion aggregate principal amount of Oracle's investment-grade notes offered to the public. The notes were issued in three tranches: five-year 3.750% notes, ten-year 5.000% notes and 30-year 6.125% notes. The net proceeds will be used for general corporate purposes, future acquisitions, including the proposed acquisition of Sun Microsystems, Inc. (scheduled to close later this summer), stock repurchases and repayment of indebtedness.

Oracle Corporation is the world’s largest enterprise software company.

The Simpson Thacher team included Bill Hinman, Louis Lehot, Kyle Wirth, Grace Park and Adam Bentley (corporate), Sean Austin (tax), Jeff Ostrow and Keren Siman-Tov (IP), Alexis Coll-Very and Sara Wilcox (litigation), Tristan Brown and Grace Lin (Executive Compensation and Employee Benefits), Andrew Sparks (summer associate) and Richard Lopez (paralegal).