Facebook, Instagram-parent Meta Platforms Inc targets to raise $25 billion from bond sale, reports claim. Here's how META stocks are reacting

Core Viewpoint - Meta Platforms Inc is targeting at least $25 billion in its bond sale, which has raised concerns among investors regarding the company's significant planned capital expenditures for 2026, particularly in artificial intelligence and data centers [1][6]. Group 1: Bond Sale Details - Meta is planning a six-part bond offering without disclosing the exact size, with maturities ranging from five to 40 years [6]. - Citigroup and Morgan Stanley are leading the bond offering [2][6]. - The longest-dated notes are being offered at approximately 1.4 percentage points over comparable U.S. Treasuries [5]. Group 2: Market Reaction - Shares of Meta fell about 10.5% during premarket hours following the announcement of the bond sale [2][6]. - Meta's stock had previously seen a 28.4% increase for the year up to that point [6]. - The broader U.S. stock market showed mixed results, with the S&P 500 slipping 0.2% and the Nasdaq composite falling 0.6% from its record [6]. Group 3: Previous Bond Market Activity - Meta last accessed the bond market in 2022 with a $10 billion sale, marking its first bond offering [5][6].