StartupsThe Next Webabout 1 hour ago
Alphabet Raises $3.8B in HK and SG Bonds
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Alphabet raised about $3.8B through its first-ever Hong Kong and Singapore dollar bonds, beating its $3B target after investors placed more than $7B in orders. The bonds settle on November 19 and are expected to be rated Aa2 by Moody's and AA+ by S&P. Proceeds go to general corporate purposes, which may include repaying debt.
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