Oracle (ORCL) raised US$ 20 billion in two transactions completed on November 4, 2026: US$ 10 billion from the issuance of common stock and US$ 10 billion in notes (debt securities). The agreements with the lead banks were signed on November 2, 2026, with BofA Securities acting as representative of the underwriters.
In the stock offering, the company sold 86,206,897 shares of common stock.
The notes total US$ 10 billion and were issued in five series: US$ 2 billion at 7.000% maturing in 2029; US$ 1.75 billion at 7.450% maturing in 2031; US$ 2.25 billion at 7.850% maturing in 2033; US$ 2.5 billion at 8.000% maturing in 2037; and US$ 1.5 billion at 8.650% maturing in 2046.
Oracle said the net proceeds from the two offerings will be used for general corporate purposes. This may include capital expenditures (capex), debt repayment, future investments or acquisitions, cash dividend payments and repurchases of common stock.
