April 30 (Reuters) - Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg News reported on Thursday, citing people with knowledge of the transaction.
The company had raised $30 billion in its biggest-ever bond offering last year, part of a recent push by Big Tech into debt after years of relying on their strong cash flows to fund investment.
Meta did not immediately respond to a Reuters request for comment.
The social media giant on Wednesday raised its 2026 capital expenditure forecast by $10 billion to a range of $125 billion to $145 billion.
(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shilpi Majumdar)
