Alphabet raises $3.9 billion in inaugural Australian dollar bond

Alphabet raises $3.9 billion in inaugural Australian dollar bond

Alphabet has raised A$5.5 billion ($3.89 billion) via its inaugural Australian ‌dollar debt issuance, according to a term sheet seen by Reuters, adding to the hectic pace of fundraising by global technology companies.

Alphabet’s 7% Aussie Bond Debut Underscores the Sky-High Cost of AI Debt

Alphabet Inc. paid just under 7% to borrow longer-dated funds in its debut Australian dollar bond offering, its highest-ever for a note, underscoring how broader demands for cash among hyperscalers around the world are feeding into more costly funding almost everywhere.

Alphabet raises A$5.5bn in Australia, more than doubling a record Apple set in 2015

Alphabet priced its first Australian dollar bond on Wednesday at A$5.5bn, about US$3.9bn, roughly 10% more than the market had pencilled in when the deal was trailed at the start of the week. It is the largest corporate bond sale ever done in the Australian market. The company hired banks on Monday for a four-tranche transaction sized at […] This story continues at The Next Web

Alphabet lands mega Australian bond issuance as demand tops $18b

Investors have rushed to take up the first local debt issuance by the tech giant behind Google, with traders eyeing a similar offer from the likes of Amazon.

Alphabet set to pay nearly 7% for long-dated Aussie bond - report (GOOG:NASDAQ)

Alphabet (GOOGL) is poised to pay just under 7% to borrow through longer-dated Australian dollar bonds, potentially its highest-ever coupon,