Google's parent company, Alphabet, is seeking to raise $15 billion through a dollar bond issuance.
Alphabet, Google's parent company, is reportedly planning to raise about $15 billion through the issuance of US dollar bonds. The bond issuance will be divided into up to eight parts, with maturities ranging from 3 years to 50 years. The banks responsible for this issuance include HSBC, Goldman Sachs, and JPMorgan Chase, among others. Alphabet plans to use the proceeds from this US dollar bond issuance, as well as funds raised from another Euro bond issuance, for general corporate purposes, which may include repaying existing debts.
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