Alphabet's mega bond issuance receives $115 billion in orders, surpassing SpaceX's subscription scale

Odaily News: Alphabet (GOOG.O) has received approximately $115 billion in orders for its latest mega bond issuance, indicating that investors are regaining interest in debt tied to the AI boom following a recent sell-off. According to sources familiar with the matter, the demand attracted by this bond issuance exceeded four times the upper limit of the expected issuance size of $25 billion. This demand surpassed the subscription scale of other recent AI-related bond issuances by companies such as Amazon and SpaceX. Alphabet offered investors relatively higher issuance concessions to attract demand. (Jin Shi)