Alphabet reportedly kicks off euro-denominated bond sale
Alphabet kicked off a euro-denominated bond sale with seven tranches, ranging from two to 19 years, with pricing expected later in the day.
1. Seven bond tranches
Alphabet kicked off a euro-denominated bond sale, with maturities ranging from two to 19 years. The bonds are expected to be priced later in the day.
2. Technology borrowing context
The sale comes as concerns about financing and returns on AI investments have hurt technology shares and bonds. Analysts have anticipated more European bond sales by large technology companies seeking to fund infrastructure spending. Alphabet previously sold a six-part euro offering in May and a 100-year sterling bond in February.
