Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-' - S&P Global Ratings’ Credit Research

Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-'

Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-' - S&P Global Ratings’ Credit Research
Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-'
Published Apr 28, 2015
3 pages (999 words) — Published Apr 28, 2015
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About This Report

  
Abstract:

SAN FRANCISCO (Standard&Poor's) April 28, 2015--Standard&Poor's Ratings Services today assigned its 'AA-' issue-level rating to Redwood City, Calif.-based global software and hardware provider Oracle Corp.'s proposed senior unsecured notes. The company intends to use the proceeds from the proposed notes for general corporate purposes, including the repurchase of common stock and payment of dividends. Our 'AA-/Stable/A-1+' corporate credit rating on Oracle remains unchanged. The corporate credit rating incorporates our expectation that Oracle will adhere to financial policies supportive of a "minimal" financial risk profile, including typically maintaining a positive net cash position. The rating also reflects our "strong" business risk profile assessment, which incorporates the company's leading position as a developer of database and applications software,

  
Brief Excerpt:

...SAN FRANCISCO (Standard & Poor's) April 28, 2015--Standard & Poor's Ratings Services today assigned its '##-' issue-level rating to Redwood City, Calif.-based global software and hardware provider Oracle Corp.'s proposed senior unsecured notes. The company intends to use the proceeds from the proposed notes for general corporate purposes, including the repurchase of common stock and payment of dividends. Our '##-/Stable/A-1+' corporate credit rating on Oracle remains unchanged. The corporate credit rating incorporates our expectation that Oracle will adhere to financial policies supportive of a "minimal" financial risk profile, including typically maintaining a positive net cash position. The rating also reflects our "strong" business risk profile assessment, which incorporates the company's leading position as a developer of database and applications software, its significant scale, and its strong operating efficiency. RELATED CRITERIA AND RESEARCH Related Criteria + Corporate Methodology,...

  
Report Type:

Ratings Action

Ticker
ORCL
Issuer
Oracle Corp.
GICS
Systems Software (45103020)
Sector
Global Issuers , Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-'" Apr 28, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Oracle-Corp-s-Proposed-Senior-Unsecured-Notes-Rated-AA-1395917>
  
APA:
S&P Global Ratings’ Credit Research. (). Oracle Corp.'s Proposed Senior Unsecured Notes Rated 'AA-' Apr 28, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Oracle-Corp-s-Proposed-Senior-Unsecured-Notes-Rated-AA-1395917>
  
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