NEW YORK (S&P Global Ratings) Oct. 30, 2025--S&P Global Ratings today assigned its 'AA-' issue-level rating to Menlo Park, Calif.-based Meta Platforms Inc.'s proposed senior unsecured notes. The company plans to use the proceeds from these notes to bolster its exceptional liquidity profile, as well as for general corporate purposes. We rate the unsecured debt at the same level as our long-term issuer credit rating on Meta because there is no priority debt in its capital structure and it benefits from a net cash position. Our 'AA-' issuer credit rating and stable outlook on the company are unchanged. Our ratings reflect Meta's leading global position in social networking and messaging services--owing to its globally recognized and market share-leading social media
