Facebook parent Meta will issue bond to raise $10 billion

  • Facebook’s parent company Meta has announced that it will raise $10 billion dollars via a first-ever bond issue for the social media and metaverse giant.
  • The bonds offered will range from 5 years to 40 years, with a strong order demand of over $30 billion received from investors. The offers are skewed towards longer-term bonds.

[Via]

Sign Up for NextBigWhat Newsletter

Daily.