"Meta" places investment bonds to the calm of the market fluctuations

Meta platforms sell an investment grade effects, which will improve its cash balance at a time when he spends extensively on artificial intelligence. The parent company of Facebook and Instagram raised effects at four segments for general purposes for the company, according to a person familiar with the matter. According to the person who asked not to be identified, because the details were especially the longest segment of this, it is a mortgage for 40 years, which can produce a yield of 1.55 percentage points across the treasury effects. “A Dead Bond offer is a sign that their investment in artificial intelligence is not delaying, but it is likely to increase during the next two years,” said Robert Shepman, an ‘Bloomberg Intelligence’ analyst in an interview. He added: “Mita has great cash, but it is better for her to borrow money from the bond market.” Meta representative did not immediately respond to a request for comment. The social media giant entered the market for high quality bonds for the first time in 2022, because it sold $ 10 billion to bonds. Subsequently, she returned to the market last year with a $ 8.5 billion agreement. Some technology companies, whose shares had an increase this year amid the hope of artificial intelligence, were under pressure before the sale wave in the global markets to start in August, with investors progressing in the field of artificial intelligence. She was an exception, as her shares jumped to the results of the second quarter that exceeded expectations, giving an indication that the company’s investments helped her sell more focused advertising. More financial flexibility provides the issuance of bonds currently businesses such as “Mita” is increasingly financial flexibility, even if it has a great cash liquidity in its public budget, according to Chefman. The ‘Mita’ of cash and its equivalent and short -term investments totaled 58.1 billion dollars until 30 June. “The company has a low debt rate and officials talked about raising their debt levels,” Shefman added. Noted that the sale of effects gives ‘dead’ flexibility and enables them to continue investing in artificial intelligence and the virtual world. Meta is spent extensively on data centers and computer power, while CEO Mark Zuckerberg is working to build a leading position in the field of artificial intelligence. Last week, the company increased the minimum expectations for capital expenditure for the current year to a range of $ 37 billion to $ 40 billion. 17 companies with investment classification bonds, a dead company, are one of 17 businesses in the market today, have bonds with an investment classification. High classifications began returning to the initial market on Tuesday after all the transactions planned at the beginning of the week were postponed amid a decline in stock markets around the world. Calm began returning on Tuesday, with a decrease in risk allowance, which made funding more attractive and average high quality returns at 5.06%. Before the market turmoil, traders expected the total issues of US Bond to amount to about $ 40 billion this week. $ 6.8 billion value was sold on Tuesday.