Meta Looks to Raise at Least $25 Billion From Bond Sale

Core Insights - Meta Platforms Inc. plans to sell at least $25 billion of investment-grade bonds to fund its aggressive spending on artificial intelligence [1][2] - The bond issuance is expected to be one of the largest deals of 2025, with the potential to issue notes in six parts, ranging from five to 40 years [2] - Meta anticipates capital expenditures of up to $72 billion this year, with significant growth expected in 2026 [3] Company Strategy - The company is integrating artificial intelligence into its core products, such as Facebook and Instagram, necessitating substantial investments in data centers and infrastructure [3] - Meta is competing with major tech firms like Alphabet Inc. and Microsoft Corp., which are heavily investing in AI research [4] Financial Activities - Meta has raised approximately $30 billion for a data center project in Louisiana, partnering with Blue Owl Capital Inc. and Pacific Investment Management Co. [5] - Citigroup Inc. and Morgan Stanley are managing the upcoming bond sale [5]