Alphabet kicks off €6 billion bond sale, tests appetite for tech debt - Reuters — SkimNews
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- Alphabet launched a €6 billion euro-bond sale testing appetite for technology debt, while Bloomberg reported that the company was “paying up” and framed the transaction as a test of AI appetite.
- Alphabet shares rose as Google sought fresh billions for AI investments, a financing push that followed a $500 billion wipeout from its market value.
Why it matters: Alphabet is turning to a €6 billion bond sale to fund its AI investment after a $500 billion market-value wipeout, while Bloomberg reports that it is paying up. Investors are being asked to fund that effort at a reported premium, making their appetite for technology debt the transaction’s immediate test.
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