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Short Take: Oracle files to sell $350 million debt

Oracle announced it has filed a shelf registration with the Securities and Exchange Commission to sell up to $350 million in debt securities, according to a Reuters report. Oracle would use the money to increase working capital, to repurchase common stock relating to the stock repurchase program, and for other corporate purposes.

Oracle announced it has filed a shelf registration with the Securities and Exchange Commission to sell up to $350 million in debt securities, according to a Reuters report. Oracle would use the money to increase working capital, to repurchase common stock relating to the stock repurchase program, and for other corporate purposes.