This file photo shows the Facebook's Meta logo sign is seen at the company headquarters in Menlo Park, Calif., Oct. 28, 2021. (PHOTO / AP)

Meta Platforms Inc is looking to raise $8.5 billion in a five-part bond offering, its second issue after it raised $10 billion last year, the company said in a filing on Monday.

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The Facebook-parent said the bond issue's longest 40-year security could yield 192 basis points over Treasuries.

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It will use the funds to help finance capital expenditures, repurchase outstanding shares of its common stock, and for acquisitions or investments, Meta said.

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Last week, the company beat expectations for first-quarter profit and revenue, resulting in a 13% surge in its shares.