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BlackRock Kicks Off $12.3 Billion Bond Sale for Meta Data Center

BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending.

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01:31:10 PM UTC
SquawkNews
BlackRock Kicks Off $12.3 Bln Bond Sale For Meta Data Centre

BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project, testing investor appetite amid growing concerns about excessive AI infrastructure spending.