03:39 AM EST, 02/02/2026 (MT Newswires) -- Oracle (ORCL) said Sunday it plans to raise $45 billion to $50 billion in gross cash proceeds in 2026 to fund the expansion of its Oracle Cloud Infrastructure business.
The company said it plans to fund the expansion with an even mix of equity and debt while keeping its investment-grade credit profile.
About half of the capital will come from equity-linked securities and common stock, including mandatory convertible preferred shares and a new at-the-market equity program of up to $20 billion, which will be issued over time depending on market conditions, the company said.
It added that the remaining funding will come from a single issuance of investment-grade senior unsecured bonds early in 2026, with no further bond sales planned for the year.