Meta Goes Global With Euro Debt: $58 Billion in Orders Put AI’s Funding Bill in Focus

Meta Platforms has moved toward its first euro-denominated bond offering after raising $15 billion through a US debt sale that attracted $58 billion in orders across five tranches. The company issued bonds with maturities ranging from five to 30 years, with investor orders nearly 3.9 times the amount sold during Tuesday’s sale.

The longest-term bond, maturing in 2056, was priced at a yield 2.2% above comparable US Treasuries. That spread narrowed from an initial 2.5% but remained 0.9% higher than a similar bond issued in April. Meta’s 10-year bond carried a 6.55% yield, nearly one percentage point above the average yield on AA-rated corporate debt, while yields across the five tranches ranged from 5.85% to 7.53%.

Meta’s euro-denominated offering could lift combined fundraising beyond $20 billion as the company seeks additional capital for AI infrastructure. The company recently raised $25 billion through common stock and $12.5 billion through preferred shares, and plans another $60 billion in potential stock sales through an at-the-market program.

The financing push follows Meta’s launch of its Muse Wonder AI models after Muse Spark’s debut this year. Meta claimed the models had capabilities comparable to those from OpenAI and Anthropic.