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

By Nivedita Balu and Shankar Ramakrishnan

Aug 5 2022 12:39PM

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 ...

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