Meta Platforms launches first euro bond sale

Meta Platforms (NASDAQ:META) began its first euro-denominated bond sale on Wednesday, according to a lead manager memo.

The company plans to sell the bonds across six tranches with maturities ranging from 4 to 38 years. Books for the offering are now open.

The Facebook parent company announced on Tuesday it was raising $15 billion through a five-part US dollar bond offering. The funds will help finance growing investments in AI infrastructure.