Oracle
Oracle is a software company specializing in the development of cloud and platform solutions.
Key facts
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| Business Model | Licensing |
|---|---|
| CAGE Code | 4S870 |
| Legal Name | Oracle Corporation |
| Company Operating Status | Active |
| Full Address | 500 Oracle Parkway Redwood Shores, CA 94065 |
| Hugging Face ID | Oracle |
| Legal Entity Identifier | 1Z4GXXU7ZHVWFCD8TV52 |
| Motto/Tagline | Can't break it, can't break in |
| Previous Name | Software Development Laboratories |
| Public/Private | Public |
| Stock Symbol | ORCL |
| Wellfound ID | oracle-dba |
Capital structure
$3.0bn total debt
| Instrument | Coupon | Maturity | Amount | Source |
|---|---|---|---|---|
| Revolving Credit Facility ยท Senior Unsecured | Eurocurrency Rate + Market Rate Spread (Base Rate or LIBOR-based | โ | USD 3.0bn | source โ |
Covenant analysis
| Covenant | Term | vs market | Source |
|---|---|---|---|
| Reporting โ Annual Financials ยท Affirmative Covenant | Within 90 days after end of each fiscal year | source โ | |
| Reporting โ Quarterly Financials ยท Affirmative Covenant | Within 45 days after end of each of first three fiscal quarters | source โ | |
| Pari Passu Ranking ยท Affirmative Covenant | Claims of Agent and Lenders rank at least pari passu with all unsecured creditors | source โ | |
| Capitalization Ratio Financial Covenant ยท Financial Maintenance | Maximum 45% | loose 45% vs financial maintenance median 10% (n=26) | source โ |
| Maximum Commitment Increase ยท Structural | Aggregate Commitments may not exceed $5,000,000,000 after any Commitment Increase | loose $5bn vs structural median $375m (n=29) | source โ |