Oracle files to sell $20 billion in new stock, bonds to finance AI buildout
Oracle filed plans on Monday to issue stock new shares and more debt to finance its artificial intelligence buildout.
TL;DR
- Oracle is issuing $10 billion in common stock and $10 billion in senior notes to finance its AI development.
- The company also provided a revenue forecast of at least $225 billion for fiscal 2030 at an investor day.
- Oracle's stock has declined 33% in 2026 and 50% over the past 12 months.
- Investor concerns are rising over the large debt being taken on to fund AI infrastructure.
- Credit default swaps for Oracle have increased, indicating a higher perceived risk of default.
- S&P downgraded Oracle to BBB- in July, one rating level above high yield, and the company has over $125 billion in debt.