Meta launches $35B equity raise, plans up to $60B more in 2027
Briefing by News4U · First published
Meta Platforms announced a $35 billion stock and preferred-share offering to fund AI infrastructure, with Nvidia, AMD and Broadcom expressing interest in buying up to $5 billion; a further $60 billion ATM plan is slated for 2027.
Meta Platforms on 26 October launched a $35 billion public equity offering—$22.5 billion in Class A shares via forward sale and $12.5 billion in mandatory convertible preferred depositary shares—to finance AI infrastructure. Morgan Stanley and Goldman Sachs are joint lead underwriters. Nvidia, AMD and Broadcom have non-binding intentions to purchase up to $5 billion of the Class A shares. [1] [2] [3] [4]
Sources
- 快讯
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