Meta Platforms Inc. is making its debut in the euro bond market, joining a burst of borrowing by the world’s biggest technology companies as they race to finance trillions of dollars of investments in artificial intelligence.
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Meta is eyeing at least $20 billion in a cross-border bond sale, its first in euros
Headline from Quartz ·
Newest
Meta is marketing at least $20 billion in bonds to fund AI build-out
Meta Platforms Inc. is readying a cross-border investment-grade bond offering, testing investor appetite for debt amid growing skepticism about the pace of spending by the companies spearheading the artificial intelligence infrastructure buildout.
Meta is prepping a big bond offering that includes its first-ever euro borrowing for up to $15 billion, while Alphabet closed its second euro deal of the year, among others.
Meta Platforms Inc. is marketing bonds for the first time in six months, making it the latest tech giant to brave investor skepticism amid a flurry of debt sales to fund the artificial intelligence infrastructure buildout.
Meta Platforms Inc. is making its debut in the euro bond market, joining a burst of borrowing by the world’s biggest technology companies as they race to finance trillions of dollars of investments in artificial intelligence.
