Meta is reportedly exploring a potential cross-border bond offering aiming to raise at least $20 billion, according to a Bloomberg News report published on Monday. The move highlights how major technology companies are increasingly turning to debt markets to help finance expensive artificial intelligence infrastructure expansions.
Citing individuals familiar with the matter, the report noted that Meta has enlisted Citigroup and Morgan Stanley to coordinate investor calls scheduled for Monday and Tuesday. While the ultimate size of the offering could increase based on investor interest, no final decisions have been finalized.
The proposed dollar-denominated bond sale is structured to span maturities from 5 to 30 years, whereas the euro-denominated portion is expected to range between roughly 4 years and a little over 38 years. Representatives for Meta, Citigroup, and Morgan Stanley did not immediately respond to media inquiries for comment.
This financing exploration follows Meta's recent equity announcements, which included a $25 billion common-stock offering and a $12.5 billion offering of mandatory convertible preferred shares. Additionally, the company has outlined plans to raise up to $60 billion via an at-the-market share-sale program to periodically sell shares at prevailing market prices.
