Business · Markets · 1 hr ago
Alphabet starts euro bond sale as tech debt appetite faces test
Alphabet has started a new sale of euro-denominated bonds to test investor demand.
The Google parent is offering the bonds in seven parts, with repayment dates ranging from two to 19 years.
The sale follows a €9-billion euro bond issue in May and a rare 100-year bond sale in sterling in February.
Investors have recently sold technology stocks and bonds as confidence in AI-related investments has wavered.
They are concerned about how much companies must spend on AI and whether the investment will pay off.
The Nasdaq fell 5 per cent in October, amid disappointing quarterly results from Alphabet and Amazon, both major data-centre spenders.
Analysts expect big technology companies to issue more bonds in Europe to fund infrastructure.
The new bonds were expected to be priced later on Monday, but no final terms are given.
Alphabet began selling euro-denominated bonds on Monday, testing investor demand amid a recent selloff in technology stocks and bonds.
The offering spans seven tranches, with maturities ranging from two to 19 years.
Investor concerns about the funding required for artificial intelligence investment and the returns it may generate have pressured technology shares and bonds.
The tech-heavy Nasdaq fell about 5 per cent in October, while Alphabet’s U.S.-listed shares dropped nearly 19 per cent.
Alphabet last issued euro bonds in May, raising €9-billion across six tranches.
- Who
- Alphabet, the parent company of Google.
- What
- It began a euro-denominated bond sale across seven tranches, with maturities of two to 19 years.
- When
- Monday, November 2, 2026.
- Where
- European debt markets.
- Why
- To test investor appetite and fund infrastructure investment.
This story does not have two clearly opposing sides.
Alphabet sold a rare 100-year sterling bond.
Alphabet issued €9-billion of euro-denominated bonds across six tranches.
The Nasdaq fell about 5 per cent, and Alphabet’s U.S.-listed shares dropped nearly 19 per cent.
Alphabet began its new euro bond sale across seven tranches.
- Bond tranches
- 7
- Maturities
- 2 to 19 years
- Previous euro sale
- €9-billion in May, across 6 tranches
- Nasdaq in October
- Fell about 5 per cent
- Alphabet shares in October
- U.S.-listed shares fell nearly 19 per cent