US EditionGoogle owner Alphabet to tap US, euro bond markets
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4 Articles
Google owner Alphabet to tap US, euro bond markets
WASHINGTON :Google owner Alphabet is tapping the U.S. dollar and euro debt markets in a multi-tranche senior unsecured notes offering.The digital media and tech giant will use the proceeds from the note sale for general corporate purposes, including the potential repayment of a portion of its outstanding debt
Alphabet taps debt markets amid rising AI and cloud demand
Intends to use the raised funds for general corporate purposes, which may include repaying portions of its current outstanding debt. Major tech firms are facing capacity constraints as surging demand for cloud and artificial intelligence services drives significant new investment. Alphabet Inc, the parent company of Google, is making a strategic move in the capital markets with a multi-tranche senior unsecured notes offering denominated in both …
Google's parent company has made a second €6.5 billion bond transaction this year on the euro market, in parallel with a $15 billion issue. Strong credit demand is also experiencing its "IA time".
Representatives of Goldman Sachs, HSBC, Morgan Stanley, BNP Paribas, Crédit Agricole CIB and Deutsche Bank did not respond immediately to requests for comments
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