Google parent Alphabet has attracted roughly $115 billion in subscription demand for its latest bond issuance, BlockBeats reports. The company plans to raise up to $25 billion through a new U.S. corporate debt sale, split into as many as 10 tranches with maturities from 2 to 40 years. The final size remains undecided, with proceeds earmarked for Google's AI infrastructure expansion.
Alphabet, Google's parent company, has drawn roughly $115 billion in subscription demand for its latest bond sale, BlockBeats reported on August 6.
The company is preparing a new round of U.S. corporate debt, aiming to raise up to $25 billion. The offering could span as many as 10 tranches, with maturities from 2 to 40 years. The final size hasn't been confirmed. Proceeds will help fund Google's continued expansion of AI infrastructure.
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