Industry
105d agoAlphabet Issues Record $3.6 Billion Yen Bonds
576.5 billion yen is the size of Alphabet's first-ever yen-denominated bond issuance. This $3.6 billion debt offering marks the largest such issue by a foreign company. The company intends to use the capital to fund its AI investment program.
The Signal
This move diversifies its funding sources to support massive compute spending.