Alphabet, Google’s parent company, is preparing to issue a rare 100-year bond as part of its first-ever sterling bond offering. The move is part of a broader trend among major technology firms increasing debt issuance to finance substantial investments in artificial intelligence and other growth areas.
The century bond will be marketed with the help of several banks, according to sources familiar with the matter. This issuance highlights the growing appetite among Big Tech companies to raise long-term capital in response to expanding investment needs.
**Why this matters**
The issuance of a 100-year bond by Alphabet underscores the increasing scale and duration of financing strategies employed by technology giants. As companies race to develop AI capabilities, access to long-term funding becomes critical for sustaining innovation and maintaining competitive advantage. This trend also reflects broader market confidence in the tech sector’s future growth prospects.
Source: NewsData