Oversubscribed Oracle jumbo attracts $12bn

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Oversubscribed Oracle jumbo attracts $12bn

The biggest offering from a corporate borrower in three months got the week in US debt off to a roaring start. A2/A/A rated Oracle, the world’s second largest software maker, issued $3.25bn of bonds in a 10s/30s offering on Monday that was nearly four times covered. With no comparable deals in the market, the order book swelled to more than $12bn from 400 accounts, spread equally across the two tranches.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article