# Meta Sought $20 Billion to $25 Billion in Bonds for AI Spending By John Kim Canonical URL: https://www.tokenpost.com/news/business/48129 Published: 2026-11-04T01:35:59.000Z Updated: 2026-11-04T01:35:59.000Z Section: Business > The sale was expected to be split between U.S. dollars and euros. Meta projects 2026 capital expenditures of up to $145 billion. Meta sought $20 billion to $25 billion in a Tuesday bond sale to fund AI spending as the company projects capital expenditures of as much as $145 billion in 2026. The sale was expected to be split about two-thirds in U.S. dollars and one-third in euros. Meta had previously weighed a [cross-border bond sale of at least $20 billion](). Meta’s third-quarter earnings report put its 2026 capital expenditures at $135 billion to $145 billion, raising the low end of its previous guidance by $5 billion. The company posted negative free cash flow of $2.12 billion for the quarter. Last week, Meta outlined a separate [$95 billion stock-funding effort](). The plan includes $35 billion in underwritten public equity offerings and another $60 billion through an at-the-market stock program. S&P Global Ratings changed Meta’s outlook from stable to negative Friday while keeping its AA- rating. The ratings firm cited uncertainty around capital spending and negative free cash flow. ## Links in this article - [cross-border bond sale of at least $20 billion](https://www.tokenpost.com/news/business/47007) - [$95 billion stock-funding effort](https://www.tokenpost.com/news/business/41039)