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Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal
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Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal

Bloomberg.comΒ·Hannah Benjamin-Cook, Ying LuthraΒ·28 days ago
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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 tranchesBloomberg Terminal, 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.

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