Tuesday, August 9, 2022

Facebook Parent Meta Raises $10 Billion in Its First-Ever Bond Offering

Facebook parent Meta has raised $10 billion (roughly Rs. 79,530 crore) in its first-ever bond offering. The company is planning to fund share buybacks and investments to revamp its business. Meta is among other tech giants like Apple and Intel, who recently issued bonds to raise $5.5 billion (roughly Rs. 43,740 crore) and $6 billion (roughly Rs. 47,720 crore), respec...

No comments:

Post a Comment