Business

Oracle Looks to Increase Loan to Cut Reliance on Bond Market

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The $4.4 billion term loan that Oracle inked in August partly refinanced that debt, cutting the bridge loan to about $11 billion. A representative for Bank of America Corp., the administrative agent on the bridge obligation, declined to comment, as did the company. A representative for Bank of Nova Scotia, the administrative agent on the term debt, also declined to comment.  



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