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Oracle is reportedly looking to raise $15B in corporate bond sale
This news comes just a few weeks after Oracle allegedly inked a $300 billion compute deal with OpenAI that surprised the market.
Cloud infrastructure giant Oracle is looking to raise $15 billion through corporate bond sales, according to reporting from Bloomberg, citing sources. Oracle announced Monday that Safra Catz was transitioning from the company’s CEO to instead serve as the executive vice chair of Oracle’s board of directors after 11 years at the helm. Catz will be replaced by co-CEOs Clay Magouyrk and Mike Sicilia.
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