Business and InvestmentHigh importance

Meta raises US$15B in bonds across 5 tranches to fund AI expansion

Meta sold US$15 billion of bonds in five parts (11/04), with yields from 5.85% to 7.53%; the book reached about US$58 billion (~3.9× the deal). The 10-year priced at 6.55%; the longest (2056) at +2.2 percentage points over Treasuries — about 0.9 pp wider than a comparable April deal. S&P cut Meta’s outlook, citing AI spending strain. In the same window, Oracle raised US$10B and Alphabet €6B; Meta is preparing its first euro bond.