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



