01:52 PM EDT, 08/07/2024 (MT Newswires) -- Meta Platforms ( META ) is selling $10.5 billion of investment-grade bonds, marking its biggest-ever debt sale, Bloomberg reported Wednesday.

The social media giant on Wednesday offered notes in five parts for general corporate purposes, Bloomberg reported, citing people with knowledge of the matter. The largest portion of the sale, a 40-year security, will yield 1.3 percentage points above Treasuries, following initial talks that suggested a yield of around 1.55 percentage points, the report added.

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