Alphabet plans rare sale of 100-year bonds—a first since the dotcom bubble
By
Neha Kumari
Alphabet Inc. is borrowing far and wide to finance the unprecedented spending plan behind its AI ambitions, and investors can’t seem to get enough.
The Google parent raised $20 billion in its biggest ever US dollar bond sale on Monday—more than the $15 billion initially expected, after racking up one of the biggest order books of all time.
