Deals Counterparts

Oracle plans $45-50 billion financing for cloud buildout

Financing Data Center announced United States Jan 1, 2026
USD50000M
Deal Value

Oracle aims to raise between $45 billion and $50 billion during 2026 to turbocharge Oracle Cloud Infrastructure capacity, with Goldman Sachs leading the bond issuance and Citigroup steering the share program.

Deal Analysis

Oracle's planned financing of $45-50 billion in 2026 to expand its Oracle Cloud Infrastructure (OCI) capacity represents a significant commitment to the cloud computing market. The financing, expected to be raised through a bond issuance led by Goldman Sachs and a share program steered by Citigroup, underscores Oracle's ambition to compete more aggressively with established cloud providers. This substantial capital injection will likely be used to build out new data centers and enhance existing infrastructure across the United States, solidifying Oracle's presence in this critical market. The sheer size of the financing is notable, positioning it as one of the largest infrastructure deals in the data center sector. The involvement of Goldman Sachs and Citigroup, two leading global investment banks, further highlights the deal's significance and potential impact on the market. Oracle's investment in OCI reflects the increasing demand for cloud services and the strategic importance of data centers in supporting the digital economy. This move could trigger further investment and consolidation within the cloud infrastructure space as companies vie for market share.
  • Sizeable financing of $45-50 billion dedicated to Oracle Cloud Infrastructure expansion.
  • Involvement of Goldman Sachs and Citigroup as lead manager and advisor, respectively.
  • Focus on expanding data center capacity within the United States.
  • Strategic move to enhance Oracle's competitive position in the cloud computing market.
Market Context: The data center sector is experiencing rapid growth driven by increasing demand for cloud computing, data storage, and digital services. Companies are investing heavily in building and expanding data center infrastructure to meet this demand, leading to significant deal activity and competition within the sector.

Source Intelligence

KEY DETAILS

Oracle plans to raise between $45 billion and $50 billion during 2026. "On February 1 2026, the board approved a sweeping capital campaign." Equity component: up to $25 billion Debt component: up to $25 billion ATM program cap: $20 billion

Deal Size
Oracle targets $50B war chest for 2026 cloud buildout
Financials
Half will arrive through equity channels, half through a single bond issue.
Expected Close
The company aims to raise between $45 billion and $50 billion during 2026.
PARTIES MENTIONED IN SOURCE
G
Goldman Sachs advisor

"Goldman Sachs leads the bond"

C
Citigroup advisor

"Citigroup steers the share programme"

M
Meta customer

"Large customers such as Meta and OpenAI have already locked in contracts."

O
OpenAI customer

"Large customers such as Meta and OpenAI have already locked in contracts."

A
AMD customer

"Names include AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI."

N
NVIDIA customer

"Names include AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI."

T
TikTok customer

"Names include AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI."

x
xAI customer

"Names include AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 1, 2026
Signed
Closed

Market Context

This deal is part of the Data Center sector in United States.
137
Data Center deals
565
deals in United States
1 of 129 Data Center deals tracked this month · Updated daily

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