Meta Secures $29 Billion Private Credit Deal, Signaling Shift in Tech Financing
Meta has closed a $29 billion private credit financing deal, one of the largest ever in the tech sector, to support its capital expenditures. The deal, facilitated by a consortium of private lenders, bypasses traditional bond markets and highlights a growing trend among major firms seeking alternative funding sources. Private credit, previously viewed as niche, is now taking center stage in corporate finance, especially amid higher interest rates and tighter banking regulation.
This marks a pivotal moment in tech financing, indicating that private credit could play an increasingly central role in funding innovation and infrastructure.
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