Meta to raise $25 billion through bond sale to fund AI operations
Meta Platforms (META) is reportedly planning to raise at least $25 billion through a multi-part bond sale, Bloomberg reported. The offering may include notes with maturities of 5-40 years, with the 40-year note priced around 1.4% above US Treasuries. Proceeds will support general corporate use as Meta boosts AI investments. Citigroup and Morgan Stanley will manage the issue.