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Alphabet Taps Debt Markets With 100-Year Issuance
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Alphabet Taps Debt Markets With 100-Year Issuance
Alphabet Inc., Google’s parent company, has issued a rare 100-year bond as part of a roughly $32 billion multi-currency debt offering. The move comes as the Mountain View, California-based company attempts to ramp up spending on AI and data-center capacity. Ultra-long maturities remain highly unusual among technology companies, with Motorola’s 1997 century bond commonly regarded as the closest precedent in the sector. Alphabet’s century bond w…
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