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.
Oracle plans $20 billion stock, bond sale to fund AI expansion | Split Angle