Market Chatter: Meta Targets at Least $20 Billion From Potential Cross-Border Bond Offering

MT Newswires Live01:51

Meta Platforms (META) is looking to raise at least $20 billion from a possible cross-border investment-grade bond offering, Bloomberg reported Monday, citing people familiar with the matter.

No final decision on the offering has been made, and the size could change depending on investor demand, the report said, citing the people. The social media giant has asked Citigroup (C) and Morgan Stanley (MS) to hold investor calls on Monday and Tuesday, the people reportedly said.

Meta didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 610.31, Change: -4.68, Percent Change: -0.76

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.

Comments

We need your insight to fill this gap
Leave a comment