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Meta Looks to Raise at Least $25 Billion From Bond Sale

Meta Platforms Inc. aims to sell at least 25billionofinvestmentgradebondsonThursday,adayafterChiefExecutiveOfficerMarkZuckerbergwarnedthecompanywouldspendevenmoreaggressivelyonartificialintelligenceinthecomingyear.Theanticipatedsize,whichwasaccordingtopeoplefamiliarwiththematter,wouldmakeMetasdealoneofthelargestof2025.Thisyearslargestpublicinvestmentgradenotesalewasthe25 billion of investment-grade bonds on Thursday, a day after Chief Executive Officer Mark Zuckerberg warned the company would spend even more aggressively on artificial intelligence in the coming year. The anticipated size, which was according to people familiar with the matter, would make Meta’s deal one of the largest of 2025. This year’s largest public investment-grade note sale was the 26 billion raised in March by Mars Inc., a candy maker, to help finance ...