{"id":29721,"date":"2023-05-01T22:00:15","date_gmt":"2023-05-01T22:00:15","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/meta-plans-7-billion\/"},"modified":"2023-05-01T23:00:23","modified_gmt":"2023-05-01T23:00:23","slug":"meta-to-raise-8-5","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/meta-to-raise-8-5\/","title":{"rendered":"Meta to raise $8.5 billion in second bond offering"},"content":{"rendered":"<p>(Reuters) -Meta Platforms Inc is looking to raise $8.5 billion in a five-part bond offering, its second issue after it raised $10 billion last year, the company said in a filing on Monday.<\/p>\n<p>The Facebook-parent said the bond issue&#8217;s longest 40-year security could yield 192 basis points over Treasuries.<\/p>\n<p>It will use the funds to help finance capital expenditures, repurchase outstanding shares of its common stock, and for acquisitions or investments, Meta said.<\/p>\n<p>Last week, the company beat expectations for first-quarter profit and revenue, resulting in a 13% surge in its shares.         <\/p>\n<p> (Reporting by Yuvraj Malik and Akash Sriram in Bengaluru; Editing by Arun Koyyur)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/meta-plans-7-billion\/file-photo-logo-of-meta-platforms-is-seen-in-davos-3\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ400NN-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ400NN-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Meta Platforms Inc is looking to raise $8.5 billion in a five-part bond offering, its second issue after it raised $10 billion last year, the company said in a filing on Monday. The Facebook-parent said the bond issue&#8217;s longest 40-year security could yield 192 basis points over Treasuries. It will use the funds to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":29722,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-29721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ400NN-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/29721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=29721"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/29721\/revisions"}],"predecessor-version":[{"id":30110,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/29721\/revisions\/30110"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/29722"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=29721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=29721"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=29721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}