Alphabet issues Euro-denominated bonds to fund AI
BCS Barclays plc ADR
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View chart & analysis → - 1Alphabet is issuing its second Euro-denominated bond of the year, consisting of seven tranches.
- 2The bond features maturities ranging from 2 to 19 years.
- 3Initial pricing discussions for the shortest-term fixed-rate tranche are around 60bp over mid-swaps.
So what's the key point?
Alphabet is issuing bonds in Europe to raise money for artificial intelligence. The bonds being issued this time have maturities of up to 19 years.
Source Bloomberg +1 · View original ↗
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