Friday, 27 March, 2026
Oracle Seeks $15 Billion via Corporate Bond Sale to Fund AI Infrastructure Expansion
By Isha
Oracle is aiming to raise $15 billion through a corporate bond sale, with plans to issue debt in up to seven parts, including a rare 40-year bond. The proceeds will support significant investments in cloud infrastructure, particularly to fulfill substantial contracts with OpenAI and Meta Platforms Inc., which are expected to significantly increase capital expenditures. Leading banks such as Bank of America, Citigroup, and Goldman Sachs are managing the deal.
Read full story at Economic Times