Alphabet Inc. has kicked off its latest megabond deal as it returns to the euro market just months after selling nearly $32 billion of dollar, sterling and Swiss franc-denominated notes.
The Google parent is selling the debt across six tranches, according to a person with knowledge of the matter. Initial price talk on the longest portion of the deal β a note maturing in 2063 β is in the 205 basis point area above midswaps, the person added, asking not to be identified discussing private details.