Business4 sources
Oracle plans $20 billion stock, bond sale to fund AI expansion
- Oracle filed plans to issue stock and bonds on Monday.
- The company aims to raise $20 billion through the sale.
- The bond sale includes $10 billion in investment-grade bonds and $10 billion in share offerings.
- The bond sale is divided into six tranches with varying interest rates and maturities.
- The funds will be used to finance Oracle's artificial intelligence expansion.
Articles (5)
CNBC·
Oracle files to sell $20 billion in new stock, bonds to finance AI buildout
Reuters·
Oracle taps investors for $20 billion to finance AI expansion
Bloomberg·
Oracle Is Offering $10 Billion of High-Grade Dollar Bonds
The Next Web·
Oracle launches $10B bond sale alongside $10B share offering
Bloomberg·
Oracle Kicks Off $20 Billion Capital Raise for AI Spending Plan