Davis Polk & Wardwell LLP is advising Oracle Corporation on its SEC-registered debt offering of $4.5 billion aggregate principal amount of notes, consisting of $1.5 billion of 3.75% notes due 2014, $1.75 billion of 5% notes due 2019 and $1.25 billion of 6.125% notes due 2039. The offering was made through an underwriting syndicate led by Banc of America Securities LLC, Morgan Stanley & Co. Incorporated and Wachovia Capital Markets, LLC.

Oracle, the world’s largest enterprise software company, develops, manufactures, markets, distributes and services database, middleware and applications software. The proceeds of the offering will be used for general corporate purposes and future acquisitions, including Oracle's proposed acquisition of Sun.

The Davis Polk team included partners Sarah K. Solum, Bruce K. Dallas, Julia K. Cowles and William M. Kelly, associates Christopher Pan, Robert J. Maynes and Christopher D. Kelley and summer associate Robert D. Williams. Partner Rachel D. Kleinberg and associate M. Ryan LaRosa provided tax advice. Karla K. Rogers was the legal assistant on the transaction. All members of the Davis Polk team are based in the Menlo Park office.