Alphabet Launches 6B Euro Bond Sale
Google parent Alphabet is offering 6 billion euros in bonds across seven tranches. The sale tests investor appetite after recent market volatility linked to heavy artificial intelligence spending.
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ALPHABET INC-CL A kicked off a €6 billion ($6.7 billion) bond sale on Monday morning, testing investor appetite after recent tech debt volatility. The offering spans seven tranches with maturities of 2 to 19 years and drew over €17 billion in total demand. Heavy spending on artificial intelligence infrastructure has rattled technology stocks and corporate debt markets.
