We are pleased to announce that Raine served as a co-manager on Meta’s $37.5 billion concurrent equity offerings to fund continued AI investment, comprising a $25.0 billion common stock offering in connection with forward sale agreements and a $12.5 billion offering of depositary shares representing mandatory convertible preferred stock.
Raine was selected as one of six co-managers, alongside lead joint bookrunning managers Morgan Stanley and Goldman Sachs.
Congratulations to the Meta team and all involved!
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