Financing ·
Prices $15B of senior notes due 2031-2056 and fully exercises option for 6M additional common shares
METAMeta Platforms, Inc.
Meta Platforms completed an offering of $15 billion in aggregate principal amount of U.S. Dollar-Denominated Senior Notes across five maturities: $3.25B at 5.85% due 2031, $3.25B at 6.25% due 2033, $4.0B at 6.55% due 2036, $1.75B at 7.35% due 2046, and $2.75B at 7.50% due 2056. Simultaneously, underwriters exercised in full their option to purchase an additional 6 million shares of Class A common stock, bringing the total equity offering size to 46 million shares. Meta Platforms operates in the technology industry, developing social media platforms and digital advertising services.