Oracle Plans $10 Billion Note Offering as Shares Fall 2.5% Premarket

Oracle plans to issue $10 billion in notes with maturities through 2046, adding details to its debt sale as shares fell 2.5% in premarket trading Monday. The proposed sale includes floating- and fixed-rate notes, with maturities ranging from 2029 through 2046. Oracle began a six-tranche U.S. dollar debt sale earlier Monday. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost