American company Meta Platforms recorded investor demand of 53 billion euros in its first bond issuance in euros. The issuance thus set a new record on the European corporate bond market. seznamzpravy.cz ↗
Meta had not issued euro bonds until now. Investor interest significantly exceeded the volume of funds the company aims to raise through the issuance. The total value of the issuance could reach up to nine billion euros. e15.cz ↗
According to available data, the record demand represents approximately 59.7 billion dollars. This is one of the largest investor orders ever placed for a corporate bond issuance in a European currency. ANSA ↗
The company is using the European bond market to secure financing from investors in euros. The issuance itself is divided into several tranches, with the final terms and the exact volume of funds raised depending on the outcome of the sale.
The result indicates strong investor interest in the technology company's bonds. Meta thus broke the previous record for demand for corporate bonds in Europe upon its first entry into the euro market.
Meta Records Unprecedented Demand in Its First Euro Bond Issuance
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Sources (3)
Rekordní zájem o dluhopisy Mety. Investoři nabídli přes 50 miliard eur
seznamzpravy.cz
| 16:18 04.11.
Domanda boom per primo bond in euro di Meta, record a 53 miliardi
ANSA
| 15:14 04.11.
Meta poprvé prodává dluhopisy v eurech. Evropský trh zlomil rekord, poptávka dosáhla 53 miliard
e15.cz
| 16:12 04.11.
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