Meta draws record orders for debut euro bond sale, Bloomberg News reports

Meta Platforms received a record €53 billion ($59.52 billion) in investor orders for its debut euro-denominated bond sale, Bloomberg News reported on Wednesday, citing data compiled by the news agency.

The offering comes as technology companies increasingly turn to debt markets to help finance large-scale investments in AI infrastructure.

Here are more details:

* Meta is seeking to raise as much as €9 billion from the euro offering, Bloomberg added