#MetaIssues15BInBonds

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About MetaIssues15BInBonds

Meta issued $15B in dollar bonds on Nov 3, attracting ~$58B in orders, 3.9 times the offering. Its 30-year spread was 220 bps over US Treasuries, ~90 bps wider than April’s issue. After an earlier $25B bond sale, Meta plans euro financing for AI infrastructure. Strong demand has not prevented rising borrowing costs. Can AI investment generate enough cash flow to cover debt costs and support future returns?

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