Alphabet raises $25B in a bond sale; sources say the offering attracted roughly $115B of peak demand and that the company plans to issue US debt twice a year (Bloomberg)
Alphabet found enough buyer appetite to make a $25 billion debt raise routine, not exceptional.
The investment-grade bond sale drew about $115 billion in peak demand, according to Bloomberg’s sources. The deal was helped by higher yield payouts and ranks among the year’s largest order books for AI-related debt. Sources also said Alphabet plans to issue US debt twice a year. Techmeme's note
The investment-grade bond sale drew about $115 billion in peak demand, according to Bloomberg’s sources. The deal was helped by higher yield payouts and ranks among the year’s largest order books for AI-related debt. Sources also said Alphabet plans to issue US debt twice a year. Techmeme's note
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