Facebook parent Meta set to raise $10 billion in bond debut

By
Follow google news

To fund share buybacks and investments to revamp its business.

Facebook parent Meta set to raise $10 billion in bond debut
Facebook parent Meta Platforms is set to raise US$10 billion (more than A$14 billion) in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

DTA plans 'register' of providers that underperform on gov tech projects

DTA plans 'register' of providers that underperform on gov tech projects

Former ANZ CIO lands at Energy Australia

Former ANZ CIO lands at Energy Australia

Sydney Metro seeks permanent CIO

Sydney Metro seeks permanent CIO

David Jones sets target for legacy platform wind-down

David Jones sets target for legacy platform wind-down

Log In

  |  Forgot your password?