Oracle plans to raise $20 billion through bonds and stock sales
The company will sell $10 billion in stock and $10 billion in senior notes as it expands AI and cloud infrastructure, filings show.
- On Monday, Oracle filed regulatory documents to raise $20 billion through new stock and debt sales for artificial intelligence and cloud infrastructure expansion.
- Rising capital spending, expected to peak in fiscal 2027 and 2028, prompted the fundraising as Oracle aims to scale cloud-computing capacity for long-term growth.
- The $20 billion plan splits evenly between $10 billion in new equity and $10 billion in senior notes, with Oracle opening the investment-grade debt offering Monday per SEC filings.
- Shares fell 1% in premarket trading on Monday, extending a roughly 33% decline this year as investors weigh the debt burden required for infrastructure investments.
- Oracle reaffirmed its fiscal 2030 revenue target exceeding $225 billion while committing to cap total capital markets financing for AI at $20 billion through 2030.
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Oracle plans to raise $20 billion through the sale of securities and new shares, according to two documents presented to US regulatory authorities on Monday (02), in an initiative that adds to its capture of resources for investments in artificial intelligence infrastructure (AI) and cloud, which require high investments. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Oracle taps investors for $20 billion to finance AI expansion
racle plans to raise $20 billion through the sale of bonds and new shares, two US regulatory filings showed on Monday, in a move that adds to its fundraising for expensive AI and cloud infrastructure.
Oracle Is Offering $10 Billion of High-Grade Dollar Bonds
Oracle Corp. has kicked off an effort to raise $20 billion in debt and equity, just days after unveiling a long-term fundraising plan to finance its artificial intelligence infrastructure spending spree.
Oracle launches $10B bond sale alongside $10B share offering
Oracle began marketing $10bn in investment-grade bonds on Monday, alongside a separate $10bn share offering, according to a filing with the US Securities and Exchange Commission. The bond sale is divided into six tranches. One carries a floating interest rate and matures in 2029. The other five have fixed rates, with maturities in 2029, 2031, […] This story continues at The Next Web
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