Alphabet Surges $100B Demand for Bond Sale

Alphabet’s $15 Billion Bond Sale Attracts Over $100 Billion in Demand

• Alphabet Inc. is raising $15 billion in the US corporate bond market to support its $185 billion capital expenditure plan for artificial intelligence.
• The bond offering includes seven tranches, with the longest maturing in 2066, expected to yield 95 basis points above Treasuries.
• The bond sale has attracted more than $100 billion in demand.
• Alphabet plans to enter the UK and Swiss bond markets, including issuing a rare 100-year bond.
• Combined capex forecasts from Alphabet, Amazon, Meta, and Microsoft are projected to reach $650 billion by 2026.

Alphabet Inc.’s massive $15 billion bond sale has garnered over $100 billion in demand as it seeks to fund a record-breaking $185 billion AI investment plan. The company is also exploring new markets with a rare 100-year bond issuance.