Oracle raises $20 billion in shares and bonds to expand SI infrastructure
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
Oracle is increasing both debt and share count to build cloud capacity, leaving investors to judge whether SI revenue will outpace the growing financial burden.
Oracle's filings split the offering equally between common stock and bonds. The bond issue comprises six tranches maturing from 2029 to 2046, one with a floating rate and five with fixed rates. Proceeds are intended for general corporate purposes, including capital expenditure, debt repayment and acquisitions. As of August 31, Oracle had $125.34 billion in notes payable and other borrowings, compared with revenue of $67.36 billion in fiscal 2026. It expects revenue to exceed $225 billion in fiscal 2030 and also said this week that capital expenditure would peak in the current and next fiscal years.
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