Oracle's debt and equity raise
Oracle filed a mixed shelf and launched a six-part bond offering; Fitch puts the raise at $20B including $10B equity, and the stock is slipping premarket.
What we know
The mixed shelf filing was followed by a $10B six-part debt offering. Fitch's $20B estimate includes $10B equity, and ORCL is down 1.1% premarket.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.