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Simpson Thacher Represents Underwriters in $6.25 Billion Senior Notes Offering by Oracle

10.03.24

Simpson Thacher recently represented the underwriters, led by BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC, among others, in connection with the registered public offering by Oracle Corporation (“Oracle”) of $1.5 billion aggregate principal amount of 4.200% Senior Notes due 2029, $1.75 billion aggregate principal amount of 4.700% Senior Notes due 2034, $1.75 billion aggregate principal amount of 5.375% Senior Notes due 2054 and $1.25 billion aggregate principal amount of 5.550% Senior Notes due 2064.

The net proceeds of the offering are intended to be used by Oracle to repay existing indebtedness and for general corporate purposes.

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, Andy Roy, Britta Vlastelicia and Abby Kieker (Capital Markets); Michael Mann, Eli Shalam and Eva Gao (Tax); Bobbie Burrows (IP); and Jennie Getsin (FINRA and Blue Sky).