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A Daily Dose of the Global Credit Markets
A Daily Dose of the Global Credit Markets
Oracle Launches $3.25 Billion Heavily Oversubscribed Debt Offer
By: Mike Scorelle Date: Monday July 12th, 2010
In this article
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Universal Health Services Ratings Cut
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Stanley Prices $400 Million in 30-Year Bonds
S&P
Fitch
Other Headlines
Universal Health Services Ratings Cut
Fitch Upgrades Ratings on Unisys
Cummins Ratings Upgraded
Stanley Prices $400 Million in 30-Year Bonds
| Delinquencies Slow, But Uncertainty Still Looms in CMBS Market | |
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| Specially Serviced CMBS Nearing $100 Billion | |
| Runtime: 1:55 | 2010-08-16 |
| SD Redev Hits Market | |
| Runtime: 1:33 | 2010-08-16 |
| Pitney Bowes Placed on Review for Downgrade | |
| Runtime: 1:40 | 2010-08-16 |
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U.S. software provider Oracle announced a proposed $3.25 billion debt offering. Proceeds from the offering will primarily be utilized to refinance existing debt, consisting of nearly $1 billion of commercial paper (CP) previously issued in conjunction with the maturity of $1 billion of floating-rate notes in May 2010 and pre-fund $2.25 billion of 5 percent senior unsecured notes due in January 2011.
According to reports, in the initial hours of the launch over $11 billion in orders...Please Login or Register to read the complete article
