Oracle issues bonds worth 3 billion dollars

Oracle issues bonds worth 3 billion dollars

         Oracle Corporation has issued bonds worth 3 billion dollars of fixed and floating rate securities, which is a first for the company this year, dollar demand. According to Bloomberg, the company has sold a 5.5-year bonds for $ 500 million at a fixed and 500 million at a floating rate. According to statistics from bloomberg, Oracle offer by about 58 basis points higher than the average rate of three month LIBOR (London interbank offered rate).

          Another half a billion dollars issued under 2.375%, down 95 basis points higher than the yield on U.S. government bonds with the same the same maturity . Parallel to this, Oracle sells bonds worth 1 billion from the 10-year term and an interest rate at 3.625%, or 110 basis points. already issued bonds were rated A1 by the scale of the investment attractiveness of the Moodys Investor Services.

         Recall that last year, Oracle has sold dollar bonds $ 2.5 billion by 1.2% with a 5 year maturity and 2.5% for the 10-year period under a spread of 68 basis points.