Meta Platforms Inc, founded in 2004 and headquartered in Menlo Park, California, is a leading technology company focused on building community and connecting people globally through its social media platforms and virtual reality products. Key services include Facebook, Instagram, WhatsApp, and the Oculus VR line, which are pivotal in shaping online communication and immersive experiences.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Meta began issuing bonds in 2020, leveraging favorable market conditions as it sought to finance strategic investments and acquisitions. Notably, in March 2021, Meta issued $10 billion in senior notes with maturities ranging from 5 to 40 years, garnering significant investor interest. As of 2023, Meta's bonds have shown competitive yields compared to the tech sector, reflecting robust demand in the wake of its ongoing expansion and innovation initiatives in the metaverse space.