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AI Tech Behemoth's Bond Sale Can't Mask Earnings Worries
3 day ago /
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Author：小编
Alphabet, the parent company of Google, recently secured $20 billion by issuing dollar-denominated bonds. This was swiftly followed by a series of additional bond sales in the Swiss and UK markets, featuring maturities spanning from 3 years to the uncommon 100-year sterling bonds. Alphabet clarified that the proceeds from these bond sales would be earmarked for investments in artificial intelligence (AI) infrastructure. The dollar-denominated bonds were released in seven separate tranches, attracting subscriptions that surpassed $100 billion. Similarly, the 100-year sterling bonds garnered nearly 10 times the subscribed amount, hitting £9.5 billion.
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