Oracle Looks to Raise $15 Billion From Corporate Bond Sale

Oracle Corporation, a leading technology company, is planning to raise $15 billion through a corporate bond sale in the US investment-grade bond market. This move comes as the company seeks to expand its operations and potentially fund future acquisitions or investments. The bond sale, which is expected to take place on Wednesday, will allow Oracle to access a significant amount of capital from investors in the US bond market. The company has not officially disclosed the specific details of the bond offering, such as the interest rates or maturity dates. The decision to raise funds through a bond sale reflects Oracle's strategy to capitalize on the current favorable market conditions and strengthen its financial position. The proceeds from the bond offering may be used for various corporate purposes, including debt refinancing, strategic initiatives, or general business operations. This bond sale underscores Oracle's ambition to maintain its competitive edge in the rapidly evolving technology industry and pursue growth opportunities that align with its long-term business objectives.