Channel NewsAsia
AsiaPac · 47 mins ago
Alphabet seeks up to $25 billion from its latest bond sale, Bloomberg News reports
Aug 6 : Alphabet is looking to raise as much as $25 billion from its latest U.S. bond offering, Bloomberg News reported on Thursday citing people familiar with the matter, weeks after the tech giant's 2026 capital spending outlook triggered a selloff. The company is offering notes in as many as 10 parts, a regulatory filing showed on Thursday. Bloomberg reported the maturities on the notes range from two to 40 years. Alphabet did not immediately respond to a Reuters request for comment.The debt raise is the latest in a series of moves by tech giants who have been tapping debt markets and launching equity sales to fund their costly AI infrastructure build-out. Big Tech collectively is expected to shell out more than $730 billion this year primarily on AI. Alphabet late in July raised its an
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