Austin, Texas-based enterprise software provider Oracle Corp. will issue new notes to repay the bridge facility it used to fund the Cerner acquisition. The company also committed to curtailing share buybacks until gross debt to EBITDA reaches 3.5x. We revised our outlook to stable from negative and affirmed our issuer credit rating on the company. At the same time, we assigned 'BBB' ratings to the company's proposed senior unsecured notes issuances. The stable outlook reflects our expectation for good revenue growth and margin expansion over the next 24 months, which will enable Oracle to deliver on its financial policy commitment. Despite these challenges, Cerner's revenue grew 6% in 2019, and it returned to 5% growth in 2021 after a rebasing
