Alphabet plans to issue approximately USD 15 billion in dollar-denominated bonds and EUR 6.5 billion in euro-denominated bonds in the United States and Europe, respectively. The dollar bond issuance attracted subscription demand of around USD 90 billion and was ultimately set at USD 17.5 billion. Last Thursday, Meta issued USD 30 billion in bonds, marking the largest high-grade corporate bond issuance this year, with a peak subscription amount of USD 125 billion, setting a record.
Alphabet Inc., the parent company of Google, is planning to raise approximately $22 billion in bonds in the U.S. and European markets, becoming the latest tech giant to undertake significant debt after Meta and Oracle. This underscores how the artificial intelligence (AI) arms race is driving the tech industry into a new cycle of financing.
On Monday, November 3, Eastern Time, media reports indicated that Alphabet plans to issue approximately $15 billion in…
