Meta Gets US$96 Billion of Orders for Latest Jumbo Bond Sale
3 Articles
3 Articles
Meta gets US$96 billion of orders for latest jumbo bond sale
Investors placed about US$96 billion of orders for Meta Platforms Inc.’s bond sale, according to people with knowledge of the transaction, as the Facebook parent boosts spending on infrastructure for the artificial intelligence boom.
Meta looks to raise $25B in bond sale to fund AI spending as capex surges to $145B - Tech Startups
Meta is heading back to the bond market—and this time the numbers are hard to ignore. The company is preparing to raise up to $25 billion in investment-grade debt, according to a Bloomberg report. The move comes as Meta Platforms pours […] The post Meta looks to raise $25B in bond sale to fund AI spending as capex surges to $145B first appeared on Tech Startups.
Meta eyes $25 billion bond sale to fuel massive AI expansion
The planned offering would mark another major financing move by the tech giant as it continues to increase spending on artificial intelligence infrastructure and other long-term investments, News.Az reports, citing Reuters. If completed, the deal would follow Meta’s record $30 billion bond issuance last year, which was one of the largest corporate debt sales in recent years. The company, like several other major technology firms, has increasingl…
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