Business · Companies · 1 hr ago

Meta weighs bond sale of at least $20 billion to fund AI expansion

Meta weighs bond sale of at least $20 billion to fund AI expansion

Meta is considering raising at least $20 billion through bonds sold across international markets.

The money would support its costly expansion of artificial intelligence infrastructure.

The possible bond sale follows plans announced last week for up to $97.5 billion in share sales, including stock and convertible preferred shares.

Meta has also asked Citigroup and Morgan Stanley to hold investor calls on Monday and Tuesday.

The bond sale is not final, and its size could increase depending on investor demand.

If Meta proceeds, the bonds would have a range of repayment dates, from about four years to more than 38 years, depending on the currency.

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