Meta seeks to raise up to $25 billion in debt sale as AI spending jumps
The debt will be split roughly two-thirds in USD and one-third in euros, with final pricing expected later in the day. S&P Global downgraded Meta’s outlook to AA- negative last week, citing uncertainty over its heavy capital expenditures and negative free cash flow of $2.12 billion in the latest quarter—matching declines at Alphabet and Amazon.
The company’s stock rose 2.7% on Tuesday after a 12-of-14-session losing streak, ending October with its worst monthly performance in four years. Bloomberg first reported the bond sale plans, and Meta declined to comment.
Meta seeks to raise up to $25 billion in debt sale as AI spending jumps
CNBC Technology · 3 November 2026
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