Channel NewsAsia
AsiaPac · 11 hrs ago
Alphabet looks to raise up to $25 billion from latest bond sale, source says
Aug 6 : Alphabet is looking to raise between $20 billion and $25 billion from its latest U.S. bond offering, a source familiar with the matter said on Thursday, weeks after the tech giant's 2026 capital spending outlook triggered a steep selloff. The company is offering notes in as many as 10 parts, a regulatory filing showed. The maturities on the notes range from two to 40 years, according to Bloomberg News, which first reported the size of the offering. Reuters could not immediately verify details on the maturities. Alphabet did not comment on the size of the offering and maturities.The debt raise is the latest in a series of moves by tech giants looking to fund their costly AI spending, a shift in strategy for these companies that have typically relied on their large cash reserves to f
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