Meta’s $27 B Nebius Deal Spurs $3.75 B Convertible Debt and $30 B Bond Forecast
Meta Platforms committed to spend up to $27 billion over five years for Nebius’ compute capacity, prompting Nebius to raise $3.75 billion via convertible senior notes due 2031 and 2033. Bank of America boosted its 2026 hyperscaler debt issuance forecast by 25% to $175 billion and expects Meta to issue about $30 billion this year.
1. Meta Commits $27 Billion to Nebius
Meta Platforms agreed to spend up to $27 billion over five years to secure access to Nebius Group’s compute capacity, marking a second major commercial agreement between the companies and underpinning Meta’s strategy to scale AI infrastructure.
2. Nebius Raises $3.75 Billion in Convertible Debt
Following the Meta deal, Nebius launched a $3.75 billion convertible debt offering in two tranches due 2031 and 2033, with proceeds earmarked for data center expansion and customized chip purchases to support growing AI workloads.
3. Hyperscaler Debt Issuance Forecast Jumps to $175 Billion
Bank of America increased its 2026 forecast for hyperscaler bond issuance by 25% to $175 billion, citing strong AI investment demand and projecting that Meta will contribute roughly $30 billion of new debt this year.