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Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg News reported on Thursday, citing people with knowledge of the transaction.
The company had raised $30 billion in its biggest-ever bond offering last year, part of a recent push by Big Tech into debt after years of relying on its strong cash flows to fund investment.
The social media giant on Wednesday raised its 2026 capital expenditure forecast by $10 billion to a range of $125 billion to $145 billion.