Market2026-11-02

Oracle will raise $20 billion through bond and share sales. It priced 86.2 million shares at $116 each. The stock sale accounts for $10 billion of the total. The remaining $10 billion comes from debt offerings. Bond interest rates range from 7% to 8.65%. Bonds mature between 2029 and 2046. Proceeds will fund AI and cloud infrastructure build-out. Oracle aims to more than triple revenue by fiscal 2030. It expects free cash flow to turn positive in late fiscal 2028. Existing debt totals $125.34 billion.

What changed

Oracle had not previously announced a $20 billion capital raise for AI and cloud infrastructure.

What it unlocks

Funding AI and cloud infrastructure expansion to more than triple revenue by fiscal 2030.

  • $20 billion total raise
  • $10 billion from stock sale
  • $10 billion from debt offerings
  • 86.2 million shares at $116 each

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