Meta Platforms Euro Bonds Trade Above Par on Record Demand
META Meta Platforms Inc
$641.39 0.00%
View chart & analysis → - 1Meta Platforms' 9 billion euro bond issuance attracted record investment demand.
- 2Meta's 62 billion euro order book significantly exceeded the previous record of 31 billion euros set by Anheuser-Busch InBev NV 10 years ago.
- 3Meta's new euro bonds are trading above par on Thursday.
So what's the key point?
Meta Platforms issued 9 billion euros in bonds and received a massive amount of interest from investors. Because these bonds are so popular, they are trading at a higher price than their original face value.
Source Bloomberg · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.