Meta to issue $15 billion in bonds to fund AI investments
Briefing by News4U · First published
Meta Platforms said it will issue five tranches of dollar bonds totaling $15 billion to fund AI infrastructure, including $3.25 billion due 2031 at 5.85%, $3.25 billion due 2033 at 6.25%, $4 billion due 2036 at 6.55%, $1.75 billion due 2046 at 7.35% and $2.75 billion due 2056 at 7.5%. The move follows the company’s decision days earlier to expand its share-repurchase program to as much as $97.5 billion. The offering drew $58 billion in orders, 3.9 times the size, and reports indicate Meta may also issue euro-denominated bonds. [1] [2]
Sources
- Meta拟发债150亿美元，为AI投资筹集资金
Sina Finance · · Full text
- Meta 举债融资 150 亿美元，此前有消息称其还将发行欧元债券
ITHome · · Summary only