Simpson Thacher recently represented the underwriters, led by BNY Mellon Capital Markets, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, in connection with the registered public offering by Oracle Corporation of $3.5 billion aggregate principal amount of 2.5% Senior Notes due 2025, $2.25 billion aggregate principal amount of 2.8% Senior Notes due 2027, $3.25 billion aggregate principal amount of 2.95% Senior Notes due 2030, $3 billion aggregate principal amount of 3.6% Senior Notes due 2040, $4.5 billion aggregate principal amount of 3.6% Senior Notes due 2050 and $3.5 billion aggregate principal amount of 3.85% Senior Notes due 2060.
The net proceeds of the offerings are intended to be used for general corporate purposes, which may include stock repurchases, payment of cash dividends on common stock, repayment of indebtedness and future acquisitions.
Oracle provides products and services that address enterprise information technology (IT) environments, including applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models.
The Simpson Thacher team included Dan Webb, Bill Brentani, Andy Roy, Adam Spaulding and Michaela Dion (Capital Markets); Eli Shalam (Tax); Marcela Robledo and Corina McIntyre (IP); and Jennie Getsin (FINRA and Blue Sky).