Peter Kaminski
The software developer is set to sell seven bond offerings, which will feature 40-year bonds. Pricing for the latter is under consideration at roughly 1.65 percentage points above Treasury bonds with equivalent maturity.
The funds generated may be allocated towards capital expenditures, future investments or acquisitions, or other general corporate needs, such as debt repayment.
Bank of America Corp., Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group, HSBC Holdings Plc, and JPMorgan Chase & Co. are collaborating on the arrangement.
The agency observes that Oracle is predicted to allocate hundreds of billions of dollars towards data center rental and electricity expenses in the coming years.
source: bloomberg.com
The funds generated may be allocated towards capital expenditures, future investments or acquisitions, or other general corporate needs, such as debt repayment.
Bank of America Corp., Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group, HSBC Holdings Plc, and JPMorgan Chase & Co. are collaborating on the arrangement.
The agency observes that Oracle is predicted to allocate hundreds of billions of dollars towards data center rental and electricity expenses in the coming years.
source: bloomberg.com
