...April 30, 2026 NEW YORK (S&P Global Ratings) April 30, 2026--S&P Global Ratings today assigned its '##-' issue- level rating to Menlo Park, Calif.-based Meta Platforms Inc.'s proposed senior unsecured notes. The company plans to use the proceeds for general corporate purposes. We rate the unsecured debt the same 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. The proposed issuance has no effect on the '##-' issuer credit rating and stable outlook. The ratings reflect Meta's leading global position in social networking and messaging services through its globally recognized and market share-leading social media and messaging platforms. Other rating factors are its large and engaged global user and advertiser base and significant proprietary first-party user data, which support its advertisers' ad targeting and conversion. Partially offsetting these factors is the high regulatory scrutiny it...
