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Meta: 6.5% Preferreds Issuance
Source: seekingalpha.com
Credit & Bond MarketsCompany FundamentalsCorporate Guidance & Outlook
Meta Platforms issued preferred shares with a 6.5% yield, but the article argues they may be less attractive than they appear. It also reviews Meta’s outlook in light of an S&P warning; the article text provides no further details on the warning or its implications.
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mildly negative
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