Meta Prepares $20 Billion Cross-Border Bond Offering to Fund Artificial Intelligence Infrastructure

Meta Platforms is preparing to issue at least $20 billion in cross-border debt denominated in U.S. dollars and euros to finance expanding artificial intelligence and data center infrastructure. The offering, led by Citigroup and Morgan Stanley, represents Meta's first bond sale in six months. It includes dollar maturities from 5 to 30 years and euro tranches spanning 4 to 38 years. The planned debt issuance follows Meta's recently announced $60 billion at-the-market equity offering as mega-cap technology firms face rising capital intensity and potential credit market fatigue.