Meta Eyes at Least $20 Billion From Potential Bond Offerings, Bloomberg News Reports
The planned sale will gauge investor demand after S&P turned negative on Meta’s AA- credit rating.
- Bloomberg News reported on Monday that Meta is eyeing at least $20 billion in a cross-border bond offering, with Citigroup and Morgan Stanley engaged to initiate investor calls regarding dollar and euro notes.
- To fund its expansive AI infrastructure build-out, Meta has lined up $825B in commitments and previously executed a $35B share sale last week and issued $25B in bonds in April.
- Alphabet began its own €6B euro sale on Friday, drawing more than €17B in investor orders, while a credit rating agency turned negative on Meta's AA- credit rating.
- Meta may structure the transaction by selling dollar bonds in five parts and euro notes in six parts, with Citigroup and Morgan Stanley holding investor calls on Monday and Tuesday.
- No final decision on the offering size has been confirmed, though analysts note Meta has fewer monetization channels for AI than its rivals, making this capital raise strategically significant.
13 Articles
13 Articles
According to Bloomberg News, on Monday, Meta, like many of its technology competitors, seeks to raise at least $20 billion by offering potential cross-border bonds, with the giant technology company once again resorting to debt markets to raise funds to expand its artificial intelligence infrastructure. Meta, like many of its technology competitors, is raising funds through bonds and stocks to finance the rapid expansion of artificial intelligen…
Channel News Asia
Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reports
Nov 2 : Meta is eyeing at least $20 billion from a potential cross-border bond offering, Bloomberg News reported on Monday, citing people familiar with the matter.No final decision has been made and the offering's size may grow depending on investor demand, the report added.
Meta lines up dollar and euro bonds days after S&P's warning
Meta has asked Citigroup and Morgan Stanley to hold investor calls for a bond sale in US dollars and euros, Bloomberg reports. It comes days after S&P cut Meta’s credit outlook and a week after a $35B share sale. Meta is preparing to sell bonds in both US dollars and euros to help fund its […] This story continues at The Next Web
Meta Readies Cross-Border Investment Bond Offering
Meta Platforms Inc. is readying a cross-border investment-grade bond offering, testing investor appetite for debt amid growing skepticism about the pace of spending by the companies spearheading the artificial intelligence infrastructure buildout.
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
