Alphabet Seeks $10.5B in Bonds for AI Data Centers

According to Bloomberg, on May 6, Alphabet marketed at least $10.5 billion in euro and Canadian dollar bonds to fund AI data center spending. The euro sale drew over $29.5 billion in orders across six tranches, while the Canadian dollar offering included four parts with maturities from five to 30 years. S&P Global Ratings assigned the proposed notes an AA+ rating.

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