Meta looks to raise at least $25 billion from its bond offering

Meta Platforms Inc. aims to raise at least $25 billion from a bond sale, according to people familiar with the matter, raising cash amid surging growth of artificial intelligence spending.

The firm has begun marketing a dollar-bond sale in as many as six parts, ranging from five to 40 years in length, according to one person, who also asked not to be identified as they’re not authorised to speak publicly.

Initial price talk of the 40-year note is for a premium of about 1.4 percentage points above Treasuries, the person said. Proceeds would go toward general corporate purposes.


Citigroup Inc. and Morgan Stanley are managing the bond sale. The banks and Meta didn’t immediately respond to requests for comment.