According to sources with inside knowledge of the situation, the subscription volume for dollar bonds issued by Alphabet Inc. has surpassed US$100 billion, with the anticipated issuance size reaching around US$15 billion. Such a high level of subscription enthusiasm is exceedingly uncommon in corporate bond issuances, underscoring investors’ keen interest in bonds tied to the artificial intelligence (AI) boom. Just last week, Oracle raised US$25 billion through a bond offering, attracting an unprecedented US$129 billion in demand. Moreover, Alphabet has given banks the green light to organize potential bond issuances in Swiss francs and British pounds, including a rare 100-year British pound bond.
