AIWall Street Journalabout 2 hours ago
Oracle Raises $20 Billion for AI Push
2 min read
Oracle priced a $20 billion stock-and-bond offering to fund its AI and cloud infrastructure expansion. The deal splits evenly between equity and debt, selling 86.2 million shares at $116, an 11.2% discount to the $130.67 previous close. Fixed-rate bonds maturing between 2029 and 2046 carry interest rates ranging from roughly 7% to 8.65%.
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