Oracle Files For Four-part Notes Offering; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Oracle has filed for a four-part notes offering, as per an SEC filing. The size of the offering has not been disclosed.

September 25, 2024 | 12:14 pm
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Oracle has filed for a four-part notes offering, indicating a potential move to raise capital. The size of the offering is not yet disclosed, which leaves some uncertainty in the market.
The filing for a notes offering suggests Oracle is looking to raise capital, which could be used for various strategic purposes such as acquisitions, debt refinancing, or other investments. However, the lack of disclosure on the size of the offering introduces uncertainty, making it difficult to predict the exact impact on Oracle's stock price in the short term.
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