Oracle Stocks Decline 2.1% as $20 Billion Financing Reaches Its Closing Date

This article first appeared on GuruFocus. Oracle (NYSE:ORCL) is lining up $20 billion in fresh funding, but investors face a bigger bill. Shares fell 2.16% to $121.50 at 9.13 a.m. ET in November 4 premarket trading. The cloud infrastructure provider expects its debt and equity offerings to close November 4, subject to customary conditions. That remains an expected closing, rather than confirmation that the money has arrived. Warning! GuruFocus has detected 5 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator.ORCL GF Value chart The package adds 86,206,897 shares at an offering price of $116 apiece and $10 billion in bonds across five tranches carrying coupons of 7% to 8.65%.