Overview
- The Facebook parent sold $30 billion of investment-grade notes across six tranches with maturities from five to 40 years.
- The longest-dated bonds were offered at about 1.4 percentage points over comparable U.S. Treasuries, with Citigroup and Morgan Stanley leading the deal.
- Proceeds target escalating AI and data‑center investment, as Meta projects up to $72 billion in 2025 capital spending and faster growth in 2026.
- Investor demand reached roughly $125 billion even as Meta’s shares fell as much as 14% following its spending outlook.
- The sale follows a $27 billion private financing tied to a Louisiana data‑center project and aligns with forecasts of about $3 trillion in hyperscaler data‑center spending through 2028.