ORACLE (ORCL) Company Report

100 million depositary shares (representing 50,000 shares of 6.50% Series D mandatory convertible preferred stock) priced at $50 each, generating net proceeds of ~$4.9536 billion for general corporate purposes.
6.50% annual dividend on a $100,000 liquidation preference (first payment of $1,263.8889 per preferred share), convertible into common stock at 0.2499–0.3124 shares per depositary share depending on stock price, with mandatory conversion on January 15, 2029.
Offering is underwritten by BofA Securities, Citigroup, Deutsche Bank, Goldman Sachs, HSBC and J.P. Morgan; there is a concurrent $25 billion note offering, and depositary shares will list on the NYSE as ORCL-PRD.
Features fundamental change conversion rights, permitting holders to convert upon specified corporate events with make-whole dividend adjustments and set conversion rate formulas.

1 day ago

8-K

Oracle issues $25 billion aggregate principal of debt securities

ORCL

Debt Issuance

On February 4, 2026, Oracle consummated the issuance and sale of $25 billion aggregate principal amount of notes across eight series maturing from 2029 to 2066.
The offering comprised $500 million floating-rate notes due 2029 and fixed-rate notes with coupons from 4.550% (due 2029) to 6.850% (due 2066).
Net proceeds are earmarked for general corporate purposes, including capital expenditures, debt repayment, acquisitions, and cash returns to shareholders.
The securities were sold under an underwriting agreement led by BofA Securities, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, and J.P. Morgan.

2 days ago

8-K

Oracle unveils agentic platform for AI-era banking

ORCL

Product Launch

Oracle Financial Services introduced an enterprise-class agentic platform with AI-infused applications, design tools, frameworks and pre-built AI agents to drive hyper-personalized customer experiences and operational efficiency in retail and corporate banking.
Launching immediately, retail banking agents include Product Brochure Generation, Smart Assist for Application Insights, Application Tracker, and Qualitative Analysis & Credit Decisioning to accelerate originations, plus collections agents like Collector Call Summarization and Call Compliance Check for efficiency and compliance.
The platform embeds AI decisioning at every customer engagement and business process, enabling autonomous AI agents with human-in-the-loop oversight for scalable, ethical banking operations.

3 days ago

Press Release

Oracle announces equity and debt financing plan for 2026

ORCL

Debt Issuance

Convertible Preferred Issuance

New Projects/Investments

Oracle plans to raise $45–50 billion in gross proceeds during calendar year 2026 to expand its Oracle Cloud Infrastructure capacity
Funding will be split evenly: half via equity (including an initial mandatory convertible preferred issuance and a $20 billion at-the-market program) and half via a one-time investment-grade senior unsecured bond offering
Transactions aim to maintain an investment-grade balance sheet, are Board-approved, with Goldman Sachs leading the bond offering and Citigroup leading the equity issuances

5 days ago

Press Release

Oracle approved by IHG Hotels & Resorts as property management provider

ORCL

Product Launch

Oracle’s OPERA Cloud hospitality platform has been approved by IHG Hotels & Resorts as a cloud-based property management system for its Americas and EMEAA regions.
The platform enables franchisees to standardize operations on a common cloud-based PMS, enhancing visibility, intelligence, and consistency in guest interactions.
OPERA Cloud, backed by enterprise-class reliability and quarterly updates, is live and compliant in 236 countries and territories.

Jan 29, 2026, 12:45 PM

Press Release

Mutuum Finance reports Phase 2 progress and completed Halborn audit

ORCL

New Projects/Investments

Phase 2 roadmap advancing core lending protocol features, including stablecoin support and Chainlink oracle integration.
V1 codebase cleared independent Halborn Security audit with a 90/100 CertiK score, backed by a $50,000 bug bounty.
Protocol set to debut on testnet before mainnet launch, enabling on-chain metrics for borrowing volume, liquidations, and interest distribution.
Phase 7 presale at $0.04 has raised $19.8 million with 18,800 holders, allocating 1.82 billion of total 4 billion MUTM tokens (825 million sold).

Jan 19, 2026, 12:00 PM

Press Release

Oracle investigated by Portnoy Law Firm

ORCL

Legal Proceedings

The Portnoy Law Firm has initiated an investigation into possible securities fraud by Oracle and may file a class action suit on behalf of investors.
On September 10, 2025, Oracle and OpenAI announced a $300 billion five-year cloud computing contract.
On November 13, 2025, reports surfaced that Oracle sought to raise $38 billion in debt to build data centers, driving its stock down 4.15% to $217.57.
During its December 10, 2025 earnings call, Oracle disclosed that fiscal 2026 CapEx is expected to be $15 billion above prior forecasts, causing a 10.83% share price drop to $198.85.

Jan 15, 2026, 3:08 PM

Press Release

Oracle plans Nashville HQ expansion amid recruitment challenges

ORCL

New Projects/Investments

Hiring

Oracle is investing $1.2 billion to build a Nashville “world headquarters” campus spanning over 2 million sq ft—with riverfront parks, a pedestrian bridge and amenities—backed by state incentives including a $65 million grant and 50% property-tax reimbursements.
The company disclosed a $300 billion, five-year commitment to supply compute capacity to OpenAI, a cornerstone of OCI’s long-term AI and cloud growth strategy.
Oracle is aggressively recruiting cloud infrastructure talent in Nashville, offering sizable relocation incentives, yet has onboarded only a few hundred local employees so far, highlighting recruitment challenges.
Oracle’s stock has dropped roughly 40% over three months, raising analyst concerns about margin pressure and the need for clearer near-term revenue visibility.

Jan 15, 2026, 10:07 AM

Bloomberg

Oracle sued over alleged undisclosed AI debt

ORCL

Legal Proceedings

Debt Issuance

New Projects/Investments

A proposed class-action in Manhattan alleges Oracle misled investors about the need for massive AI-related borrowing, centering on a $18 billion note sale in September and roughly $38 billion of follow-on loans tied to an OpenAI deal.
Plaintiffs led by the Ohio Carpenters’ Pension Plan name Larry Ellison, Safra Catz, Chief Accounting Officer Maria Smith and several banks, seeking unspecified damages; Oracle declined to comment.
Oracle shares fell 4–5% and bond yields/spreads widened toward levels of lower-rated debt, underscoring investor concern over disclosure, conversion risk and AI financing costs.
The OpenAI agreement is reported as a five-year, $300 billion contract requiring about 4.5 billion gigawatts of electricity—equivalent to powering 4 million U.S. homes.

Jan 14, 2026, 5:31 PM

CNBC

Oracle partner Crusoe wins North American Data Center Project of the Year

ORCL

New Projects/Investments

Crusoe’s Abilene AI Data Center, built to support Oracle Cloud Infrastructure (OCI), was named North American Data Center Project of the Year at the 2025 Data Center Dynamics Global Awards.
The facility features 1.2 GW capacity, direct-to-chip liquid cooling for high-density AI workloads, and an energy-first sustainable design.
Crusoe’s vertical integration model, manufacturing essential electrical equipment and switchgear in-house, enabled a record 12-month delivery timeline by bypassing supply chain bottlenecks.
The first phase is projected to generate $1 billion in economic impact over 20 years and, at full build-out, contribute up to 32% of Abilene’s and 25% of Taylor County’s property tax revenue.
Oracle served as both primary customer and strategic partner, leading hardware and software deployment within the data center.