GOOG · News · 20261103N
Euro-denominated Bond Offering
Alphabet Inc. · 2026-11-03 · Importance 46 · Surprise 42 · In source text
Alphabet completed euro bond issues that included €995.75 million of 5.250% notes due 2045 and €1.249688 billion of 4.05% notes due 2030. The reported issuance also included floating-rate euro notes and was intended to help fund AI infrastructure, data centers, and related capital expenditure. The report says heavy AI spending is putting pressure on free cash flow and past share repurchases.
Key facts
- Alphabet completed euro and US dollar bond issues including €995.75 million of 5.250% notes due 2045 and €1.249688 billion of 4.05% notes due 2030 to help fund AI infrastructure, data centers and related capital expenditure. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Alphabet completed euro and US dollar bond issues including €995.75 million of 5.250% notes due 2045 and €1.249688 billion of 4.05% notes… |
| liability | negative | realized | — | Alphabet completed euro and US dollar bond issues including €995.75 million of 5.250% notes due 2045 and €1.249688 billion of 4.05% notes… |