Meta Gets $96 Billion of Orders for Latest Jumbo Bond Sale (1)

Investors placed about $96 billion of orders for Meta Platforms Inc.’s bond sale, according to people with knowledge of the transaction, as the Facebook parent boosts spending on infrastructure for the artificial intelligence boom.

The company launched a $25 billion sale of investment-grade note on Thursday, said one person, who also asked not to be identified because they aren’t authorized to speak on the matter. For Meta’s prior deal in October, the company attracted a then-record $125 billion of orders for what was $30 billion of supply.

As in that offering, Thursday’s deal is in six parts. The longest-tenored ...