Meta seeks to raise up to $25 billion in bond sale
FROM THE WIRE · CNBC.COM
Meta is aiming to raise between $20 billion and $25 billion in a bond sale as the company ramps up spending on infrastructure and AI models and services. The sale is expected to be two-thirds U.S. dollars and one-third in Euros, according to people familiar with the matter.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large debt issue tied to AI spending can affect the corporate bond market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Meta aims to raise between $20 billion and $25 billion in a bond sale.
- 02The sale is expected to be two-thirds in U.S. dollars and one-third in euros.
- 03The debt funds the expansion of infrastructure and AI models and services.
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