Oracle Corporation $20 Billion Notes Offering
4/1/2020

Davis Polk advised Oracle Corporation on its SEC-registered debt offering of $20 billion aggregate principal amount of investment-grade notes, consisting of $3.5 billion aggregate principal amount of 2.500% notes due 2025, $2.25 billion aggregate principal amount of 2.800% notes due 2027, $3.25 billion aggregate principal amount of 2.950% notes due 2030, $3.0 billion aggregate principal amount of 3.600% notes due 2040, $4.5 billion aggregate principal amount of 3.600% notes due 2050 and $3.5 billion aggregate principal amount of 3.850% notes due 2060.

Headquartered in Redwood City, California, Oracle provides products and services that address enterprise information technology environments. Oracle’s products and services include applications and infrastructure offerings that are delivered worldwide through a variety of flexible and interoperable IT deployment models.

The Davis Polk corporate team included partner Sarah K. Solum and associates Bryan M. Quinn and Daniel Fox. The tax team included partner Rachel D. Kleinberg and associate Adam R. Brownstone. The intellectual property and technology transactions team included counsel Daniel F. Forester and associate Jennifer Leather. Members of the deal team are based in the Northern California and New York offices.