Oracle prices 20 billion dollar stock and debt offering

Oracle Corporation announced the pricing of a 20 billion dollar capital raise, consisting of approximately 9.9 billion dollars in common stock at 116 dollars per share and 10 billion dollars in senior notes. The debt offerings include multiple tranches with maturities spanning from 2029 to 2046.

The offerings are scheduled to close on November 4, 2026, subject to standard closing conditions. Neither offering is contingent upon the completion of the other.

Oracle intends to allocate the net proceeds toward general corporate purposes. The firm cited potential uses such as capital expenditures, debt repayment, future investments, strategic acquisitions, and return of capital to shareholders through dividends or share repurchases.

BofA Securities is leading the transaction as the sole global coordinator. The syndicate of book-running managers includes major financial institutions such as Citigroup, Deutsche Bank, J.P. Morgan, and Goldman Sachs.