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Meta filed a preliminary on Tuesday for a five-part dollar offering, with amounts left blank, and CNBC reports the total at $20 billion to $25 billion across dollars and euros, about two-thirds and one-third. Bloomberg says it is Meta's debut in euros.

S&P moved its AA- rating to a on Friday, citing uncertainty about capital spending and negative , which was minus $2.12 billion last quarter.

The sale comes a week after Meta said it would raise $95 billion in equity.

Final pricing was expected Tuesday afternoon and had not been reported at publication. The shares rose 2.7% after falling in 12 of the prior 14 sessions.
Meta goes back to the bond market for up to $25 billion, with its first sale in euros
Meta filed a preliminary prospectus on Tuesday for a five-part dollar offering, with amounts left blank, and CNBC reports the total at $20 billion to $25 billion across dollars and euros, about two-thirds and one-third. Bloomberg says it is Meta's debut in euros. S&P moved its AA- rating to a negative outlook on Friday, citing uncertainty about capital spending and negative free cash flow, which was minus $2.12 billion last quarter. The sale comes a week after Meta said it would raise $95 billion in equity. Final pricing was expected Tuesday afternoon and had not been reported at publication. The shares rose 2.7% after falling in 12 of the prior 14 sessions. SourcesABB
Sources
- AMeta Platforms preliminary prospectus supplement (424B5)sec.gov
- BMeta seeks to raise up to $25 billion in debt sale (CNBC)cnbc.com
- BMeta readies cross-border investment bond offering (Bloomberg, not opened; from Techmeme's summary)bloomberg.com
This story ran in the Afternoon Brief of November 3rd 2026.