Meta Weighs $20B+ Cross-Border Bond Offering to Test Investor Appetite for AI Debt

Bloomberg reports Nov 2 that Meta is sounding out investor appetite for a cross-border investment-grade bond offering of at least $20 billion, following US issuances and share sales earlier in the year. The move comes amid growing market skepticism over AI capex; Meta had negative Q3 free cash flow and guided full-year data center capex to $135–145 billion.