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Oracle Is Near $10 Billion Share Sale At 11% Discount

Intelligence Desk
Reported via WORLDNEWS | 2026-11-03

Oracle Corp.

raised $9.9 billion from a share sale priced at an 11% discount after the company's stock price was dinged in a choppy session to start the week.The company sold 86.2 million shares at $116 per each, according to a statement late Monday.

That compares with Friday's close of $130.67 before the deal was unveiled.The company said also sold $10 billion of bonds on Monday in five tranches, with maturities ranging from three to 20 years, confirming an earlier Bloomberg News report.

Bank of America Corp.

led both the stock and bond transactions, according to the filings.ALSO READ | Big Tech Bounces, But AI....

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Oracle Is Near $10 Billion Share Sale At 11% DiscountWORLDNEWS