Alphabet taps AUD bond market with near-7% coupon for 20-year issue

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Source: Yahoo Finance
Alphabet taps AUD bond market with near-7% coupon for 20-year issue
Photo: Yahoo Finance
TL;DR

Alphabet is set to price a multi-part Australian dollar bond, targeting up to A$5.5 billion, with the 20-year tranche indicated to yield about 6.95%. Investor demand exceeds A$20 billion, underscoring how global high yields — not Alphabet’s creditworthiness — are driving the coupon as Big Tech funds AI ambitions.

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