Oracle is facing a lawsuit from bondholders who allege the company failed to disclose plans to raise more debt for its AI infrastructure.

The lawsuit, filed in a New York state court, represents investors who bought US$18 billion in Oracle notes and bonds issued in September 2025.

Investors said they were caught off guard when Oracle returned to the capital markets seven weeks later to obtain US$38 billion in loans to fund data centers supporting a deal with OpenAI.

The bondholders claim that Oracle’s offering documents were misleading, stating the company “may” need to borrow more, even though additional borrowing was already planned.

🔗 Source: Reuters

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