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Meta Platforms, Inc. Closes Offering of 250,000,000 Depositary Shares and Enters Forward Sale Agreements for 40,000,000 Class A Shares
Source: Nasdaq
Credit & Bond MarketsCompany Fundamentals
On October 26, 2026, Meta Platforms entered an underwriting agreement with Morgan Stanley and Goldman Sachs to issue 250 million Series A depositary shares. Each depositary share represents a 1/20th interest in a 6.50% Series A Mandatory preferred share; the article provides no offering proceeds or further terms.
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