Moody's Ratings affirms Oracle's Baa2 rating; outlook stable
Moody's Ratings (Moody's) affirmed Oracle Corporation's ("Oracle") Baa2 senior unsecured and Prime-2 Commercial Paper ratings. The outlook for the ratings remains stable. The ratings action reflects Moody's expectations for continued strengthening of Oracle's credit profile driven by strong EBITDA g...Oracle provides products and services that address enterprise information technology (IT) environments. The company's products and services include applications and infrastructure offerings. The company's cloud and license business engages in the sale, marketing and delivery of its applications and infrastructure technologies through cloud and on-premise deployment models including its cloud services and license support offerings; and its cloud license and on-premise license offerings. The company's hardware business provides Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware-related software to support diverse IT environments.
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