TNW | Artificial-intelligence
Meta pays up to borrow $15B as investors grow wary of AI debt
Its 30-year bonds pay well above the deal it sold in April, as Big Tech floods the market with debt.
By TNW | Artificial-intelligence
Excerpt shared by Lazyfounder
·Excerpt
Meta is selling at least $15B of dollar bonds in a deal expected to reach at least $20B with a first euro note, Bloomberg reports. It is offering much higher yields than in April, as investors balk at Big Tech’s flood of AI debt.
Meta is selling at least $15B of US dollar bonds, its first debt sale in six…
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