Oracle launches $10B bond sale alongside $10B share offering

Oracle has begun marketing $10bn in investment-grade bonds alongside a separate $10bn share offering, according to a filing with the US Securities and Exchange Commission. The fundraising supports the company's capital expenditure and data centre expansion for AI customers like OpenAI, following an investor day announcement that it aims to raise $20bn in total new capital through fiscal 2030. Oracle stated that the $20bn, split evenly between debt and equity, is the final amount needed to fund the remainder of this cycle. Open article →