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Meta plans to issue $7 billion in bonds – media

  • May 1, 2023
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Meta Platforms Inc (META.O) plans to raise $7 billion in its second bond offering. As reported by Ukrinform, this was reported by Reuters. “The longest 40-year bond issue,

Meta Platforms Inc (META.O) plans to raise $7 billion in its second bond offering.

As reported by Ukrinform, this was reported by Reuters.

“The longest 40-year bond issue, consisting of five tranches, can yield 215 basis points higher than Treasury bonds,” the report said.

Facebook’s parent company plans to use the funds to fund capital expenditures, repurchase common stock, and make acquisitions or investments.

As reported by Ukrinform, the digital technologies ministers of the “Big Seven” (G7) of the most industrialized countries agreed on five principles for managing new technologies such as artificial intelligence, against the background of the rapid spread of the use of chatbots. With the use of AI in the world.

Source: Ukrinform

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