Report
Alphabet launches €6 billion bond sale, its second euro offering this year
Alphabet's seven-part offering attracted just over €17 billion in demand, even as AI spending concerns weigh on tech debt.
TLDR
The Google parent is selling bonds with maturities from two to 19 years. A bank memo showed demand of just over €17 billion for the seven-part offering. The sale follows a €9 billion euro bond sale in May and comes after concerns about AI spending and returns weighed on tech stocks and debt. Alphabet says it plans to use the proceeds for general corporate purposes, which may include repaying debt.
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