Meta (known as extremist in the Russian Federation) is entering the Eurobond market for the first time after raising $15 billion through dollar securities, Bloomberg reports. Bonds will be offered in six tranches with maturities ranging from 4 to 38 years. The placement comes amid active lending by big tech to fund AI infrastructure: Since the end of last week, Meta, Microsoft, Oracle and Alphabet have collectively raised nearly $57 billion in debt markets.

Meta (known as extremist in the Russian Federation) is entering the Eurobond market for the first time after raising $15 billion through dollar securities, Bloomberg reports. Bonds will be offered in six tranches with maturities ranging from 4 to 38 years. The placement comes amid active lending by big tech to fund AI infrastructure: Since the end of last week, Meta, Microsoft, Oracle and Alphabet have collectively raised nearly $57 billion in debt markets.