Meta raises $15 billion in bond sale to fund AI expansion

Meta Platforms announced Tuesday it is raising $15 billion through a five-part US dollar bond offering to help finance accelerating investments in AI infrastructure. The offering includes $3.25 billion of notes due in 2031 with a 5.85% coupon and $3.25 billion due in 2033 at 6.25%, according to a regulatory filing. Meta previously sold $25 billion in bonds in April and $30 billion last year, reflecting growing reliance on external financing. Meta expects capital expenditure of $135 billion-$145 billion this year, largely driven by AI investments. Moody's assigned an Aa3 rating, citing conservative financial policies, while Meta's total debt stood at $83.67 billion as of September 30.