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00:02Meta Platforms is raising $15 billion through a five-part bond offering to help finance its
00:08growing investments in artificial intelligence infrastructure, according to Reuters.
00:13The offering includes $3.25 billion in notes due in 2031 and another $3.25 billion due in 2033.
00:22Meta previously raised $25 billion through a bond sale in April and $30 billion last year.
00:29The company also recently expanded plans for a potential $97.5 billion equity raise.
00:37Meta expects capital spending between $135 billion and $145 billion this year, largely driven by AI
00:45investments. Moody's assigned Meta's new debt an AA3 rating, citing expectations that the company
00:52will maintain conservative financial policies and a positive net cash position amid rising AI spending.
00:58Meta's total debt stood at $83.67 billion as of September 30th.
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