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Oracle-linked borrowing spree raises lender caution
Oracle-linked entities have borrowed at least $65 billion this year to support data-centre build-outs tied to a roughly $300 billion cloud contract. The borrowing constitutes over a third of the estimated $170 billion in data-centre debt for the year, prompting some lenders to become more wary of exposure to developers supporting Oracle’s expansion.
Companies:
- Oracle Corporation
Tags:
- Oracle
- debt
Explore:Mutual Fund Home
neutral
Oracle-linked borrowing spree raises lender caution
Oracle-linked entities have borrowed at least $65 billion this year to support data-centre build-outs tied to a roughly $300 billion cloud contract. The borrowing constitutes over a third of the estimated $170 billion in data-centre debt for the year, prompting some lenders to become more wary of exposure to developers supporting Oracle’s expansion.
Companies:
- Oracle Corporation
Tags:
- Oracle
- debt
Explore:Mutual Fund Home
1 min read
53 words
Entities connected to Oracle have borrowed over $65 billion this year, raising concerns among lenders supporting its data-centre expansion.
Oracle-linked entities have borrowed at least $65 billion this year to support data-centre build-outs tied to a roughly $300 billion cloud contract. The borrowing constitutes over a third of the estimated $170 billion in data-centre debt for the year, prompting some lenders to become more wary of exposure to developers supporting Oracle’s expansion.
Oracle-linked entities have borrowed at least $65 billion this year to support data-centre build-outs tied to a roughly $300 billion cloud contract. The borrowing constitutes over a third of the estimated $170 billion in data-centre debt for the year, prompting some lenders to become more wary of exposure to developers supporting Oracle’s expansion.
Companies:
- Oracle Corporation
Tags:
- Oracle
- debt
- Oracle
- debt
- data centre
- lending risk