| Issuer / Guarantor | Meta Platforms Inc |
|---|---|
| Size | USD 12500mn |
| Type | Mandatory Convertible PEPS |
| Leads | Morgan Stanley, Goldman Sachs |
| Maturity | 15 Aug 2029 (2.8 years) |
| Coupon | 6 - 6.5% |
| Premium | 17.5 - 22.5% |
| Calls | None |
| Puts | None |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | None |
| CoCo | None |
| Announced | 26 Oct 2026 |