00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Alphabet tapped the U.S. high-grade bond market on Monday,
00:06selling $20 billion in a seven-part series of senior unsecured notes, according to Reuters.
00:11The deal adds to rising debt issuance by artificial intelligence companies
00:15as borrowing increases alongside data center and processor spending.
00:20The Financial Times reported Alphabet is also planning a debut sterling offering
00:24that could include a 100-year bond.
00:26Alphabet did not comment.
00:27The sale follows Oracle's $25 billion note offering disclosed on February 2nd.
00:34BFA Securities said Amazon, Google, Meta, Microsoft,
00:38and Oracle issued $121 billion in U.S. corporate bonds last year.
00:43Moody's Ratings estimates the big six hyperscalers will spend $500 billion this year.
00:49For all things money, visit Benzinga.com.
Comments