UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) July 12, 2010
Oracle Corporation
(Exact name of Registrant as Specified in its Charter)
Delaware | 000-51788 | 54-2185193 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
500 Oracle Parkway, Redwood City, California | 94065 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code (650) 506-7000
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 Other Events
Item 8.01 | Other Events |
On July 12, 2010, Oracle Corporation issued a press release furnished herewith as Exhibit 99.1.
Section 9 Financial Statements and Exhibits
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
Exhibit |
Description | |
99.1 | Press release dated July 12, 2010 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ORACLE CORPORATION | ||||
Dated: July 15, 2010 | By: | /S/ JEFF EPSTEIN | ||
Name: | Jeff Epstein | |||
Title: | Executive Vice President and Chief Financial Officer |
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EXHIBIT INDEX
Exhibit |
Description | |
99.1 | Press release dated July 12, 2010 |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: | Ken Bond | Karen Tillman | ||
Oracle Investor Relations | Oracle Corporate Communications | |||
+1.650.607.0349 | +1.650.607.0326 | |||
ken.bond@oracle.com | karen.tillman@oracle.com |
Oracle Prices $3.25 Billion of Investment Grade Notes
REDWOOD SHORES, Calif., July 12, 2010 Oracle Corporation (NASDAQ: ORCL) today announced the pricing of its sale of $1.0 billion of 3.875% Notes due 2020 (the 2020 Notes) and $2.25 billion of 5.375% Notes due 2040 (the 2040 Notes). The offering is expected to settle on July 19, 2010.
The 2020 Notes will bear interest at the rate of 3.875% per year and the 2040 Notes will bear interest at the rate of 5.375% per year. Interest will be payable semi-annually on January 15 and July 15 for each of the 2020 Notes and the 2040 Notes, commencing on January 15, 2011.
Oracle intends to use the net proceeds from the offering for repayment of indebtedness, including repayment of its 5.00% senior notes due January 2011, general corporate purposes, future acquisitions and to replenish cash used to repay $1.0 billion of its floating rate senior notes that matured in May 2010.
The notes are being sold in a private placement only to qualified institutional buyers in reliance on Rule 144A, under the Securities Act of 1933, as amended, and in offshore transactions pursuant to Regulation S under the Securities Act. The notes are not registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Important Information
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.