
Oracle Seeks $20 Billion in Debt and Stock
Oracle $ORCL filed with the SEC on November 2 to raise $10 billion in notes and, in a separate concurrent offering, another $10 billion in common stock. The notes come in six tranches, from floating-rate paper due 2029 to fixed-rate notes due 2046. Neither deal depends on the other closing, and the proceeds go to general corporate purposes, including capital spending and debt repayment.