Oracle Secures $16 Billion Financing for Michigan Data Center

Oracle (ORCL) has secured a $16 billion financing package to build a data center in Saline Township, Michigan. The funding includes a $14 billion debt sale led by Bank of America Corp., with Pacific Investment Management Co. as the anchor investor.

By Bob Karr May 4, 2026 1 min read · Yahoo Finance · May 4, 2026, 19:11 UTC

Oracle Secures $16 Billion Financing for Michigan Data Center

Tickers: $BAC $ORCL

Topics: AI infrastructure data center financing Oracle

Read the full article at Yahoo Finance

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