Meta Platforms, Inc. filed an Issuer Free Writing Prospectus on November 4, 2026, disclosing pricing terms for a six-tranche euro-denominated senior notes offering totaling €9,000,000,000, with maturities ranging from 2031 to 2065.

Key Highlights

  • Six tranches priced: €1,750,000,000 at 4.300% due 2031; €1,250,000,000 at 4.650% due 2033; €1,000,000,000 at 4.900% due 2035; €1,750,000,000 at 5.400% due 2038; €1,750,000,000 at 6.050% due 2044; and €1,500,000,000 at 6.400% due 2065.
  • Trade date: November 4, 2026, with an expected settlement date of November 12, 2026 (T+5).
  • Credit ratings: Aa3/Stable from Moody's Investors Service, Inc. and AA-/Negative from Standard and Poor's Ratings Services, according to the filing.
  • Listing intent: Meta Platforms, Inc. intends to apply to list all six series of notes on the NASDAQ Bond Exchange.
  • Joint book-running managers: Citigroup Global Markets Limited and Morgan Stanley and Co. International plc, with Goldman Sachs and Co. LLC, Merrill Lynch International, and J.P. Morgan Securities plc serving as passive joint bookrunners.
  • Spreads to benchmark: Range from 129.0 basis points over the benchmark for the 2031 notes to 275.6 basis points over the benchmark for the 2065 notes.

Meta Platforms Discloses Pricing Terms for Multi-Tranche Euro Bond Offering

According to the filing, Meta Platforms, Inc. priced six series of euro-denominated senior notes on November 4, 2026, with an aggregate principal amount of €9,000,000,000. The notes are SEC-registered and denominated in minimum increments of €100,000 and integral multiples of €1,000 in excess thereof. Settlement is expected on November 12, 2026, the fifth business day after the prospectus supplement date, and the filing notes that purchasers wishing to trade prior to the business day preceding settlement will need to specify an alternative settlement cycle to prevent a failed settlement.

The offering spans maturities from 2031 through 2065. Public offering prices range from 99.914% of principal for the 2031 notes to 99.446% for the 2065 notes. Yields to maturity as disclosed in the filing are 4.327% for the 2031 notes, 4.658% for the 2033 notes, 4.933% for the 2035 notes, 5.426% for the 2038 notes, 6.051% for the 2044 notes, and 6.442% for the 2065 notes. Mid-swap spreads range from +103 basis points for the 2031 notes to +333 basis points for the 2065 notes.

Each tranche carries optional redemption provisions. The filing specifies make-whole call options at varying spreads over the relevant DBR benchmark security prior to dates approximately one to three months before maturity, as well as par call options on or after those same dates. The company may also redeem any series in whole, but not in part, for tax reasons at 100% of principal plus accrued and unpaid interest, in the event of certain changes in U.S. tax laws as described in the filing. The notes are cleared through Clearstream Banking S.A. and Euroclear Bank SA/NV in book-entry form. Interest on the 2031, 2033, 2035, and 2065 notes is payable annually on February 15, commencing February 15, 2027; the 2038 and 2044 notes pay annually on November 15, commencing November 15, 2027.

What Was Disclosed

Meta Platforms, Inc. filed a pricing term sheet as an Issuer Free Writing Prospectus on November 4, 2026, covering six tranches of euro-denominated senior notes totaling €9,000,000,000, with trade date November 4, 2026, and expected settlement November 12, 2026.