Meta raises $15 billion in five-part US bond sale

Meta Platforms announced on Tuesday its plan to raise $15 billion through a five-part US dollar bond offering, as the company seeks to finance its growing investments in AI infrastructure. This move adds to a trend of companies raising capital to support AI data centers, computing capacity, and cloud expansion. The funding initiative consists of $3.25 billion in notes due in 2031 with a coupon rate of 5.85%, and another $3.25 billion in notes due in 2033 with a coupon rate of 6.25%.

The bond issuance follows Meta's announcement of its intentions to raise up to $97.5 billion through an equity sale, underscoring the company's commitment to securing funding for its AI-related infrastructure projects.