According to sources close to the matter, Alphabet's recent bond offering has drawn subscription demand exceeding $100 billion, despite the planned issuance size being around $15 billion. This reflects investors' confidence in corporate debt linked to artificial intelligence initiatives.
In a similar recent case, Oracle successfully raised $25 billion through a bond sale that attracted an unprecedented $129 billion in demand.
Notably, Alphabet is also preparing to issue bonds denominated in Swiss francs and British pounds through multiple banks, including a rare 100-year bond, further diversifying its funding strategy.
Market Response
The surge in bond subscription highlights the current strength of investor appetite for long-term financing from technology companies tied to AI development.
- Investors remain optimistic about long-term tech sector growth
- Companies are exploring multi-currency financing options
- The inclusion of century bonds demonstrates market confidence