The company Meta Platforms Inc. is promoting bonds for the first time in six months, becoming the most recent major technology firm to confront investor doubt during a wave of debt issuances aimed at supporting artificial intelligence infrastructure development.
According to a source familiar with the situation, the company has launched the sale of a new deal in five parts, with maturities spanning from five to 30 years. The initial price discussion for the longest maturity indicates a yield premium of roughly 2.5 percentage points over Treasuries, the source added, requesting anonymity since they are not permitted to speak openly.
Meta intends to secure at least $20 billion in debt through a bond offering that is also anticipated to feature euro-denominated notes, as Bloomberg previously reported.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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