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BlackRock Initiates $12.3 Billion Bond Sale for Meta Data Center

BlackRock has commenced a significant $12.3 billion bond sale on behalf of Meta. The proceeds from this sale are intended to finance a new data center for the technology giant.

24 Jul, 13:48 — 24 Jul, 13:48
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Showing 1 of 2 sources
advisor-perspectivesMostly Factual2d ago

BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center

BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending.

By Michael Gambale, Davide Barbuscia

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First report: bloomberg · 24 Jul, 13:28Full coverage: 2 · 20mWindow: 20m
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bloomberg24 Jul, 13:28First to report

BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center - Bloomberg.com

advisor-perspectives24 Jul, 13:48Latest update

BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center

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