Oracle plans to raise $20 billion through $10 billion in common stock and $10 billion in bonds, per SEC filings Monday. Proceeds will fund general corporate purposes, including AI infrastructure capex. The company said last week it would cap additional capital markets funding at $20 billion through fiscal 2030, with capex peaking this year and next before declining in fiscal 2029. Oracle has raised billions this year for data centers and chips; investor debt concerns have weighed on shares.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.