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Facebook parent Meta will issue bond to raise $10 billion

 1 year ago
source link: https://nextbigwhat.com/facebook-parent-meta-will-issue-bond-to-raise-10-billion/
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Facebook parent Meta will issue bond to raise $10 billion

  • August 5, 2022
  • 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.
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