Oracle gobbles $20 billion borrowing limit a week after setting it

Oracle issued notices for $10 billion in bonds and $10 billion in common stock offerings, fully utilizing its stated borrowing limit for fiscal years 2027–2030. The company is amid a major capex expansion, having spent $55.7 billion in FY2026 and planning $90–95 billion in FY2027. CFO Hilary Maxson stated the $20 billion would be drawn during the remainder of FY2027, with no new borrowing expected for the following two years. The capital is designated for working capital, acquisitions, dividends, debt repayment, and likely datacenter infrastructure.

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