Google-owner Alphabet’s century bond flags new AI arms race debt fears

[Pelican Press 0]

Alphabet‘s rare 100-year sterling bond is the latest sign of late-cycle exuberance in credit markets, strategists say, as tech hyperscalers ramp up borrowing to historic levels to fund vast data center and AI infrastructure buildouts. The century bond — the

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-owner’s debut issuance in sterling — is part of a broader multi-tranche, multi-currency borrowing drive totaling some $20 billion.

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