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Alphabet Set to Sell Long Aussie Bond at Record Near 7% Cost

Credit & Bond MarketsCurrency & FXCompany Fundamentals

Alphabet is launching a debut Australian dollar bond deal at a coupon just under 7% for longer-dated funding, potentially its highest-ever. The report links the elevated cost of borrowing to broader hyperscaler cash demand globally, signaling tighter financing conditions even for strong issuers.

Analysis

Alphabet is launching a debut Australian dollar bond deal at a coupon just under 7% for longer-dated funding, potentially its highest-ever. The report links the elevated cost of borrowing to broader hyperscaler cash demand globally, signaling tighter financing conditions even for strong issuers.

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