ReutersReuters

Orcale dips after report co looks to raise $15 billion from bond sale

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** Shares of Oracle ORCL fall 1.7% to $308.44 premarket after Bloomberg News reports co looking to raise $15 billion from corporate bond sale

** ORCL selling debt in as many as seven parts, including a rare 40-year bond, the report said, citing people familiar with the matter

** Oracle did not immediately respond to Reuters request for comment

** 33 of 43 brokerages rate the stock "buy" or higher, 10 "hold"; median PT is $347 - data compiled by LSEG

** Up to last close, ORCL up 88.3% YTD while the broader S&P 500 SPX is up 13.2%

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