Alphabet Raises $15 Billion Bond Financing

Alphabet Inc. is raising $15 billion in a seven-tranche US corporate bond sale this week, drawing over $100 billion in demand and including a 2066 tranche expected to yield about 95 basis points above Treasuries. The financing supports its record $185 billion capital expenditure plan for artificial intelligence and data centers, and precedes Alphabet's planned entry into UK and Swiss markets with a rare 100-year bond.