Oracle Corporation plans to commence, a public offering of Euro-denominated senior notes.
It is henceforth official, subject to market and other conditions, Oracle
Corporation today, has announced that it plans to commence, a public offering
of Euro-denominated senior notes. This also means as from now, the principal
amounts, interest rates,
maturity dates and other terms of the notes will be determined at the time of pricing of the offering.
maturity dates and other terms of the notes will be determined at the time of pricing of the offering.
In this process, Oracle intends to use the net proceeds from the offering
for general corporate purposes, which may include stock repurchases, payment of
cash dividends on its common stock and future acquisitions.
Oracle Corporation also announced that, BNP Paribas, Deutsche Bank AG,
London Branch and The Royal Bank of Scotland plc will act as joint book-running
managers for the offering.