Oracle gobbles $20 billion borrowing limit a week after setting it
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The week after promising to cap new borrowing at $20 billion until the end of its 2030 financial year, Oracle launched plans to borrow all that in one go. In notices to investors on Monday, Big Red said it is offering bonds worth $10 billion together with $10 billion in shares of its common stock. It said it could use the money for working capital, capital expenditures, contractual obligations, acquisitions, dividends, stock repurchases, debt repayments and other matters. The most likely candida
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