Alphabet raises $3.9 billion in inaugural Australian dollar bond
HONG KONG, Aug 19 : Alphabet has raised A$5.5 billion ($3.89 billion) via its inaugural Australian dollar debt issuance, according to a term sheet seen by Reuters, adding to the hectic pace of fundraising by global tech companies. The U.S. tech giant raised the amount by issuing 3-, 5-, 10- and 20-y...
Alphabet Inc. has officially entered the Australian bond market for the first time, securing a total of A$5.5 billion, which is equivalent to approximately $3.89 billion in U.S. currency. This debut debt issuance marks a significant shift in how the Google parent company manages its financial strategy, moving away from a traditional reliance on its internal cash reserves to fund operations. The deal was finalized on August 19, according to documents detailing the transaction.
Alphabet Debuts in Australian Debt Market
The company offered investors a variety of options by splitting the debt into four distinct tranches. These bonds carry maturities of 3, 5, 10, and 20 years, providing the tech giant with a structured repayment schedule over
Source: channelnewsasia.com · 2026-08-19