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Meta eyes $15bn bond sale
Meta Platforms is seeking to raise around $15 billion through a dollar bond sale to fund the construction and development of AI infrastructure. The total offering could exceed $20 billion if euro-denominated tranches are included. The dollar issuance is divided into five tranches with maturities ranging from five to 30 years, while yields on the longest-dated bonds are expected to be about 2.5 percentage points above U.S. Treasury yields.
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