Alphabet to Raise $2.8 Billion in Euro Bond Sale: Funding for Debt Repayment and Growth

Google’s parent company, Alphabet Inc., will raise approximately $2.8 billion (€2.5 billion) through a debt euro bond sale on Tuesday. This follows Monday’s successful issuance of $5 billion in U.S. debt instruments. The proceeds will be directed towards paying off existing debt and covering general corporate expenses. 7-year to 29-year bonds with varying maturities (4 to 29 years) are part of the offering, with initial pricing expectations ranging from 85 basis points over mid-swaps for the 4-year tranche to around 190 basis points above for the 29-year securities. This bond sale follows a period of heightened market activity and uncertainty, prompting companies to seek funding sources after credit markets rebounded following early-month tariff announcements by President Trump.