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Oracle is seeking to borrow $15 billion from the US investment-grade bond market on Wednesday, according to people familiar with the matter.
The software maker is selling debt in as many as seven parts, including a rare 40-year bond, the people said, asking not to be identified discussing private details. Initial price discussions for that portion of the deal are in the area of 1.65 percentage point above similarly dated Treasuries.
The deal comes as Oracle begins to fulfill massive cloud infrastructure deals with OpenAI and Meta Platforms Inc., which…
