Alphabet Plans Debut Aussie Dollar Bond Sale to Raise About A$5 Billion
Alphabet plans its inaugural Aussie dollar bond offering, aiming to raise about A$5 billion through notes across four maturities up to 20 years. Initial price guidance may come as soon as Tuesday and pricing could follow the next day. The deal is being handled by mandated banks, with proceeds used as US tech firms take on debt for AI spending.
Coverage (4)
- Alphabet raises $3.9 billion in inaugural Australian dollar bond (reuters.com)
- Alphabet Kicks Off Aussie Dollar Bond Sale as AI Spending Soars (bloomberg.com)
- Alphabet pursues debut Australian dollar bond sale for AI spending (qz.com)
- Alphabet Hires Banks for Inaugural Aussie Dollar Bond Sale (bloomberg.com)