Nov 3 (Reuters) – Meta Platforms said on Tuesday it is raising $15 billion through a five-part US dollar bond offering, as the Facebook parent turns to debt markets to help finance its accelerating investments in AI infrastructure.
The tech giant’s offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and cloud expansion, despite traditionally relying on cash-rich balance sheets to fund growth.
The offering comprises $3.25 billion of notes due in 2031 carrying a 5.85% coupon and another $3.25 billion due in 2033 at 6.25%, according to a regulatory filing.
The bond issuance comes days after Meta expanded plans for what could become a $97.5 billion equity raise, highlighting the company’s push to secure funding for AI-related infrastructure investments.
(Reporting by Prathik Jayaprakash in Bengaluru; Editing by Sriraj Kalluvila and Leroy Leo)
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