Oracle taps investors for $20 billion to finance AI expansion
ORCL•Oracle plans to raise $20 billion through bond and share sales to fund general corporate purposes, including capital spending and debt repayment. It had $125.34 billion in notes payable and other borrowings as of August 31.
1. Funding plans
Oracle plans to raise $20 billion through bond and share sales, regulatory filings showed. The proceeds would be used for general corporate purposes, including capital spending, debt repayment, acquisitions, dividends and share buybacks.
2. AI spending and debt
Oracle said last week that capital spending would peak this fiscal year and the next, and that it would raise no more than $20 billion in additional financing for AI through fiscal 2030. The company aims to more than triple revenue by fiscal 2030, when it expects revenue to exceed $225 billion and adjusted earnings to top $21 per share. Its bond offering comprises six tranches maturing between 2029 and 2046; interest rates, prices and the number of shares have not been set. Oracle had $125.34 billion in notes payable and other borrowings as of August 31, compared with fiscal 2026 revenue of $67.36 billion.
