Big Tech Funds AI Investment with Long-Term Corporate Bonds Maturing in 2066

Meta Platforms, Inc. (META) issued six series of U.S. dollar-denominated senior unsecured notes on May 4, raising a total of $25 billion in long-term funding. The notes, with maturities staggered from 2031 through 2066, carry coupons ranging from 4.55% to 6.45%.

They were issued as global notes without a separate sinking fund. Early redemption options and make-whole provisions follow the terms of the master indenture signed in 2022. The total issuance size is roughly ₩35 trillion.

During the same period, COO Javier Olivan and Director Peggy Alford sold company shares in tranches worth several hundred thousand to about $1 million each under their pre-established Rule 10b5-1 trading plans. They continue to hold substantial stakes after these sales.

In its first-quarter 2026 earnings release, Meta reported year-over-year revenue growth in the 30% range and outlined an annual capital-expenditure plan of $125 billion to $145 billion (about ₩175 trillion–₩200 trillion) for AI and data-center infrastructure, simultaneously stirring market expectations for growth and concerns over rising costs (fxleaders.com).

At the end of April, Meta also announced plans to cut around 8,000 jobs worldwide as part of an AI-focused business restructuring (cbsnews.com).

Meta operates social-media and messaging services—including Facebook, Instagram, WhatsApp, and Messenger—and is a U.S. big-tech firm that relies primarily on digital advertising revenue. It has recently expanded into the metaverse, generative AI, and AR/VR devices (finance.yahoo.com).

Across the U.S. big-tech sector, high interest rates and massive AI infrastructure investments have spurred the issuance of long-term corporate bonds in the tens to hundreds of billions of dollars, accelerating a trend toward securing funding with ultra-long maturities.