Meta starts a bond sale that includes its first-ever euro notes to fund AI spending
Bloomberg reports Meta has kicked off the offering, and people familiar told Semafor it includes euro borrowing of up to $15 billion; Meta has not published terms, and earlier reports put the total at $20 billion or more.
Why it matters
Hyperscalers that have already borrowed heavily in US markets are now tapping other pools of capital to pay for data centres, and Meta's first euro deal follows Alphabet's second euro bond of the year and its sterling century bond. The sale comes during a sharp selloff in AI-linked stocks, and Oracle priced $20bn of stock and notes for its own buildout this week. Watch the final size, pricing and investor demand for signs of how much appetite remains for AI debt.
Key facts
- Meta's first-ever euro borrowing
- Euro portion up to $15 billion, per Semafor's sources
- Earlier reports: $20 billion or more in total
- Alphabet closed its second euro deal of the year
- Terms not published by Meta