# Oracle plans $20bn bond and share sale after borrowing pledge

- URL: https://talkfuse.com/story/oracle-gobbles-20-billion-borrowing-limit-a-week-after-setting-it/
- Published: 2026-11-02T17:35:00+00:00
- Updated: 2026-11-02T20:48:11+00:00
- Original publisher: The Register
- Original article: https://www.theregister.com/paas-and-iaas/2026/11/02/oracle-gobbles-20-billion-borrowing-limit-a-week-after-setting-it/5307014
- Topics: Software

## Key points

- Oracle plans a $20 billion bond and share offering.
- The plan follows a pledge to cap borrowing at $20 billion through fiscal 2030.
- Datacentre expansion is driving sharply higher spending.

## Summary

Oracle has proposed raising $20 billion through a bond sale and a share offering, just a week after telling investors it would cap new borrowing at that amount through to the end of its 2030 financial year. The move comes as the company expands datacentre capacity to meet demand for AI computing, raising questions about how it will fund its spending and honour its borrowing commitment.

The planned offer comprises $10 billion in bonds and $10 billion in common stock. Oracle spent $55.7 billion on capital expenditure in fiscal 2026 and expects to spend $90 billion to $95 billion in fiscal 2027; its chief financial officer had said the $20 billion would be borrowed during that year, with no further borrowing expected for two years. The company listed several possible uses for the proceeds, while recent projects include a nearly 1-gigawatt Wisconsin datacentre campus and Project Jupiter in New Mexico, which Oracle says remains on schedule.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.