Meta Platforms issues bonds to fund artificial intelligence investments
META Meta Platforms Inc
$641.37 +5.12%
View chart & analysis → - 1Meta Platforms has begun issuing bonds to reach its $25 billion bond issuance target for this quarter.
- 2Meta's Chief Financial Officer directly participated in calls with some institutional investors on Monday.
- 3The bonds maturing in 2056 were priced at a 2.2 percentage point yield premium over Treasury bonds.
So what's the key point?
Meta Platforms has started issuing bonds to raise money for investing in artificial intelligence. The company is communicating directly with investors to prepare funds to raise $25 billion.
Source Bloomberg · View original ↗
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