Publisher: Maaal International Media Company
License: 465734
Tuesday, 29 April 2025
Meta Sells $10.5 Billion in Investment-Grade Bonds
Bloomberg quoted sources as saying that Meta Platforms sold investment-grade bonds in five tranches worth $10.5 billion, its largest ever bond sale, which will help increase its cash reserves as the company invests in artificial intelligence.
Meta entered the investment-grade bond market for the first time in 2022, selling $10 billion in bonds.
Meta had $58.1 billion in cash and cash equivalents as of June 30.
Articles
© 2025 All rights reserved to Maaal Newspaper