News · Yahoo Finance

Meta Wraps Up First Phase of Equity Financing—$37.5 Billion. Convertibles Yield 6.5%

Meta has completed the first phase of its $37.5 billion equity financing. The company also plans to issue as much as $60 billion of nonvoting class C common shares in an at-the-market offering, distributed on a one-for-one basis to class A and class B holders in January.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

METAbondsfundraisingconvertible bonds

Open a keyword to see other news on the same topic.

Related tickers and likely impact

META

▼ Likely negative

Meta Platforms

Relevance: high

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$1.7T
Close on 10/26/2026630.56
Change that session-1.88%
META price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • CII extends the distribution period for convertible bonds

    CII (HoSE) has extended by 30 days the period for distributing convertible bonds code CII426001, an offering of nearly 67.2 million bonds to existing shareholders at a rate of 10 rights per bond, and is seeking State Securities Commission approval. The 25-year bonds pay 0% interest for the first 12 interest periods and 14.5% a year after that, and CII expects to raise about VND 6,720 billion for investment in projects. Registration and payment for the remaining undistributed bonds runs from 22/10 to 3/11/2026. HFIC, the Ho Chi Minh City State Investment and Finance Company, had registered to sell 27.4 million rights, but no investors registered to buy, so it still holds 27.4 million rights, equal to 4.08% of CII's capital. CII will also set 5/11/2026 as the record date for an extraordinary general meeting approving its 2027-2032 infrastructure development orientation.

    CafeF·CIIconvertible bondsfundraising
  • Meta’s $95B Equity Deal Echoes Alphabet’s Offering. Convertible Stock Could Yield 6%.

    Meta Platforms moved quickly to launch its $95 billion equity offering ahead of other Big Tech deals. The Class C shares are designed to protect CEO Mark Zuckerberg's voting interest.

    Yahoo Finance·▼ METAMETAAI investmentconvertible bonds
  • HFIC Fails to Sell CII Convertible Bond Subscription Rights

    HFIC failed to sell its subscription rights to CII convertible bonds, equal to 27.4 million rights or 2.74 million bonds, between September 10 and October 6, 2026, as no investors registered to buy, so it keeps the full amount, equivalent to 4.08% of CII's charter capital. CII is offering nearly 67.2 million convertible bonds, code CII426001, to existing shareholders at a 10:1 ratio, priced at VND 100,000 per bond, with expected proceeds of about VND 6,720 billion. The 25-year bonds carry 0% interest for the first 12 interest periods and 14.5% per year afterward, and are expected to convert at 1:10 into shares priced at VND 10,000 each over 24 batches. Separately, CII revised the use of proceeds from bond CII425002 (ticker CII426028, VND 2,500 billion raised), cutting its planned capital contribution to Saigon - My Thuan Expressway BOT Co., Ltd. from VND 1,151 billion to VND 851 billion. The VND 300 billion shifted will repay principal on bond CIIB2426001 maturing October 14, 2026, which the company says will not affect project progress.

    CafeF·▼ CIICIIbondsconvertible bonds
  • Should You Buy or Sell Meta Stock After Its $95 Billion Bombshell Announcement?

    Meta Platforms plans to raise $95 billion through a new share sale to fund its AI computing capacity build-out. Its shares fell about 2% on the announcement day, while the broader market rose about 1%. The author notes that issuing equity dilutes existing shareholders but avoids the far more expensive cost of debt, though investors will only tolerate so many equity raises. Q3 revenue grew 26%, but rising operating costs, especially talent expenses, have collapsed the operating margin, and the stock trades at 21 times forward earnings. The author says he may exit the stock because the capital raise looks too aggressive compared with the return on investment he sees, and other options seem more attractive.

    Yahoo Finance·• METAMETAAI investmentfundraising
  • Meta Just Priced a Stock Sale at $625 a Share. I'd Consider Buying at the Same Price.

    Meta priced 40 million Class A common shares at $625 each, about $25 billion, and 250 million mandatory convertible preferred depositary shares at $50 each, worth about $12.5 billion, for roughly $37.5 billion in total. Net proceeds from the common stock are expected at about $24.9 billion once the forward sale agreements settle, while the preferred pays a 6.5% annual dividend. The new common shares and the shares the preferred could convert into would lift the share count by about 2.2% to 2.3%. Management expects 2026 capital expenditures of $135 billion to $145 billion, while third-quarter advertising revenue rose 26% to $63.1 billion. The author says the dilution cost is lower than the $37.5 billion figure suggests, and would consider investing at about the price the new investors paid.

    Yahoo Finance·▼ METAMETAvaluationfundraising
  • Meta plans $95bn fund raise for AI infrastructure and personal superintelligence

    Meta plans to raise up to $95bn through equity offerings to fund AI infrastructure and personal superintelligence, including about $35bn in concurrent underwritten offerings. Nvidia, AMD and Broadcom have expressed non-binding interest in buying up to $5bn of Class A shares, and a $60bn at-the-market programme for Class C stock is planned to start after trading begins in the first quarter of 2027, though it has not yet been established. Meta expects 2026 capital expenditure of $135bn-$145bn; revenue rose 26% to $64.6bn in the latest quarter, but capex of $34.9bn pushed free cash flow to negative $2.1bn. The company held $82.5bn in cash, cash equivalents and marketable securities at the end of September. The move follows Alphabet's $80bn equity raise in June and SpaceX's approximately $40bn master finance lease with an Apollo-managed entity.

    Yahoo Finance·• META▲ NVDAMETANVDAAI investment

Related markets

US stocks →

Latest news

  • Jim Cramer says it's time to look beyond tech. Here are 4 consumer stocks he likes

    CNBC's Jim Cramer said investors seeking to diversify away from the struggling AI trade should consider consumer staples stocks. In October the Nasdaq-100 fell almost 7% as money rotated into defensive sectors, while the consumer staples index rose 11.4%. Cramer highlighted four stocks: Kimberly-Clark (up nearly 11% in October, under 15 times earnings, 4.7% dividend yield, with a pending merger with Kenvue); Procter & Gamble (up 11%, seen as attractive after better-than-expected quarterly results, though he prefers Kimberly-Clark's lower valuation and higher yield); Constellation Brands (up 20%, about 11 times earnings, yield above 3%, showing signs of a turnaround); and Coca-Cola (up 9%, after a strong quarter driven by volume).

    CNBC·Nasdaqconsumer goodsartificial intelligence
  • Why Bright Horizons Family Solutions Stock Swooned on Friday

    Bright Horizons Family Solutions (BFAM) stock fell almost 18% on Friday after the child care company cut its 2026 guidance. For the third quarter, revenue of nearly $841.5 million rose almost 5% year over year, and adjusted EPS of $1.80 beat the $1.76 analyst estimate, though revenue missed the roughly $842.7 million consensus. Full-year 2026 revenue is now expected at about $3.07 billion, down from almost $3.09 billion to just under $3.12 billion, and adjusted EPS guidance was lowered to $4.98–$5.03 from $5.05–$5.15. Management attributed the cuts to an ongoing UK regulatory safeguarding notice and a softening child care market in Australia, which prompted an internal review of strategic alternatives for that business. The article notes the stock looks cheap on valuation metrics but needs growth from its full-service centers and a resolution of the Australia situation to draw renewed investor interest.

    Yahoo Finance·earningsregulationUK
  • What Are Dell Investors Betting On?

    A Trefis analysis says Dell Technologies (DELL) trades at 26.6 times adjusted earnings over the twelve months to July 2026, so buyers at that price are betting on much higher profit. Consensus forecasts put fiscal 2027 profit at $18.5 billion, versus $7.05 billion in fiscal 2026, and sales at $195 billion, up from $113.5 billion. Revenue grew 71% in the first half of fiscal 2027, and management raised its full-year sales guidance to $192 billion from $167 billion, with AI server revenue expected at $74 billion and a record $95 billion AI backlog. The main risk the article identifies is the net margin: consensus assumes 9.5% in fiscal 2027 versus 6.2% in fiscal 2026, while AI servers carry lower margins and Dell is supply constrained on DRAM and NAND memory chips. If Dell misses that margin, the article says investors would be paying for profit not yet shown over a full year, making the stock more of a gamble.

    Yahoo Finance·DELLartificial intelligencesemiconductors
  • Veteran fund manager revamps Alphabet stock price target after brutal sell-off

    Alphabet shares plunged after disappointing earnings, but a veteran fund manager still sees reasons to be positive on the Google parent. The manager has revised the stock's price target following the sharp sell-off.

    Yahoo Finance·• GOOGLGOOGLearningsvaluation
  • Why CareDx Stock Soared Today

    CareDx shares (CDNA) rose more than 22% on Friday after the medical diagnostics provider reported strong third-quarter growth. Revenue jumped 39% year over year to $139 million, driven by a 65% increase in testing services revenue to $119 million, while testing volumes climbed 51% to 75,900 after the July acquisition of cancer blood-test maker Naveris. Patient and digital solutions revenue rose 31% to $20 million, and EBITDA doubled to $30 million. For full-year 2026, CareDx now expects revenue to grow about 38% to $525 million and has raised its adjusted EBITDA target to $90–100 million from $66–78 million. CEO John Hanna said clinicians want actionable molecular information about patients' disease status to inform treatment decisions.

    Yahoo Finance·earningshealthcare
  • Meta outlook revised to negative by S&P on cash flow and capex concerns

    S&P Global Ratings revised Meta's outlook to negative while keeping its AA- rating, citing uncertainty over elevated capex and negative free cash flow tied to AI spending. Meta expects full-year capex of $135–145 billion and posted negative free cash flow of $2.12 billion in its third-quarter report, its first time in the red. S&P expects capex growth to start flattening from 2028 but is less certain Meta will curtail spending as previously anticipated. Meta shares fell 7% after earnings and 15% in October, the worst month in four years, and the company plans to raise $95 billion, including $35 billion in underwritten public equity offerings and $60 billion through an at-the-market program. A Meta spokesperson disagreed with S&P's view of its AI monetization, saying its infrastructure will open new revenue streams.

    CNBC·▼ METAMETAAI investmentcredit ratings

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.