Oracle (ORCL) Prices 4.5B In Notes

Oracle Corporation (Nasdaq: ORCL) priced its sale of $1.5 billion of 3.750% Notes due 2014, $1.75 billion of 5.000% Notes due 2019 and $1.25 billion of 6.125% Notes due 2039. The offering is expected to settle on July 8, 2009.

The 2014 Notes will bear interest at the rate of 3.750% per year, the 2019 Notes will bear interest at the rate of 5.000% per year and the 2039 Notes will bear interest at the rate of 6.125% per year. Interest will be payable semi-annually on January 8 and July 8 for each of the 2014 Notes, the 2019 Notes and the 2039 Notes, commencing on January 8, 2010.

Oracle intends to use the net proceeds from the offering for general corporate purposes and future acquisitions, including the proposed acquisition of Sun Microsystems, Inc. and acquisition-related expenses.

The offering is being made through an underwriting syndicate led by Banc of America Securities LLC, Morgan Stanley & Co. Incorporated and Wachovia Capital Markets, LLC.