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Meta bond offering includes a reported $15 billion US-dollar portion

Technology · First reported 2 Nov, 18:55 · Updated 20:28

Image: Wikimedia Commons · Rekia1991 · CC BY-SA 4.0

Meta is preparing a cross-border bond offering in US dollars and euros, with investor calls intended to gauge demand. Bloomberg reported that the US-dollar portion is set to raise $15 billion; the supplied coverage does not give a total for the offering.

  • Meta has enlisted Citigroup and Morgan Stanley to hold investor calls about a proposed investment-grade bond offering in dollars and euros.
  • The proposed dollar bonds would be divided into five parts, while euro notes would span six tranches; the reported maturities range from five to 30 years for dollars and just over four to slightly more than 38 years for euros.
  • Bloomberg separately reported that the dollar portion is set to raise $15 billion.
Summary written by Lux AI from 2 articles

Key facts

Reported dollar portion
$15 billion
Proposed dollar tranches
Five, with maturities from five to 30 years
Proposed euro tranches
Six, with maturities from just over four to slightly more than 38 years
Banks hosting investor calls
Citigroup and Morgan Stanley

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