Investing
Meta plans $7 billion bond issue – Bloomberg News
© Reuters. FILE PHOTO: The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo
(Reuters) – Meta Platforms Inc (NASDAQ:) is planning to raise $7 billion in a second bond offering, Bloomberg News reported on Monday, citing a person familiar with the matter.
The five-part bond issue’s longest 40-year security could yield 215 basis points over Treasuries, according to the report.
The Facebook parent plans to use the funds to help finance capital expenditures, repurchase outstanding shares of its common stock, and for acquisitions or investments, according to the report.
Meta, which did not immediately respond to a Reuters request for comment, raised $10 billion in its first corporate bond issue last year.
The company beat expectations for first-quarter profit and revenue on Wednesday, and its shares gained about 13% last week.
Read the full article here
Zillow: These Are the Top 10 Hottest Housing Markets of 2025
Former Zillow Execs Target $1.3T Market
Automate Applications and Supercharge Your Job Hunt for $39
All the PDF Tools You Need in One Easy-to-Use App
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
5 Things That Could Significantly Impact Your Company in 2025
NFI Group surge after board reshaped with new appointments, chairperson By Investing.com
Microsoft Is About to Begin Job Cuts. Here’s Why.
10 Critical Questions to Ask Your Financial Advisor Now
10 Ways to Make Money As a Graphic Designer
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles7 days ago5 Things That Could Significantly Impact Your Company in 2025
-
Investing7 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com
-
Side Hustles5 days agoMicrosoft Is About to Begin Job Cuts. Here’s Why.
-
Make Money4 days ago10 Critical Questions to Ask Your Financial Advisor Now
-
Make Money3 days ago10 Ways to Make Money As a Graphic Designer
-
Passive Income6 days ago3 Challenges Entrepreneurs Will Face in 2025
-
Side Hustles6 days agoThe Canadian Media Lawsuit That Could Reshape Tech’s Future
-
Investing5 days agoWhat CMOs Need to Know About AI Adoption in Marketing Teams