Technology2 sources
Meta plans dollar and euro bond sales after credit outlook cut
- Meta has requested Citigroup and Morgan Stanley to hold investor calls for a bond sale in US dollars and euros.
- This move comes days after S&P downgraded Meta's credit outlook.
- A week prior, Meta completed a $35 billion share sale.
- Meta aims to gauge investor interest in its debt amid skepticism over AI infrastructure spending.
- This bond sale marks Meta's entry into the euro bond market.