debt
confidence high
sentiment neutral
materiality 0.50
Meta issues $10B in senior notes across four tranches due 2027-2062
Meta Platforms, Inc.
- Issued $2.75B of 3.500% notes due 2027, $3B of 3.850% due 2032, $2.75B of 4.450% due 2052, $1.5B of 4.650% due 2062.
- Notes are senior unsecured, interest payable semi-annually starting Feb 15, 2023.
- Notes redeemable at make-whole prior to par call dates; redeemable at par thereafter.
- Registration rights agreement to file exchange offer within 270 days and cause effectiveness within 365 days.