The Zhitong Finance App learned that on Monday, Oracle (ORCL.US) fell more than 4% in the premarket to $125.14. According to the news, on November 2, Moody's confirmed Oracle's “Baa2” senior unsecured debt rating and “P-2” commercial paper rating, and gave the company a “Baa2” rating on the $10 billion senior unsecured notes it plans to issue. The outlook remains negative. Oracle launched a $10 billion dollar bond offering on Monday, and just a few days ago, the company announced a new capital expenditure plan to fund its artificial intelligence (AI) infrastructure investments.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that on Monday, Oracle (ORCL.US) fell more than 4% in the premarket to $125.14. According to the news, on November 2, Moody's confirmed Oracle's “Baa2” senior unsecured debt rating and “P-2” commercial paper rating, and gave the company a “Baa2” rating on the $10 billion senior unsecured notes it plans to issue. The outlook remains negative. Oracle launched a $10 billion dollar bond offering on Monday, and just a few days ago, the company announced a new capital expenditure plan to fund its artificial intelligence (AI) infrastructure investments.
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