Alphabet is likely to raise 6 billion euros through its second Eurobond offering this year. Previously, concerns about the speed of artificial intelligence spending triggered a sell-off in the credit market, making the yield of this bond issue significantly higher than the one issued in May. According to people familiar with the matter, Google's parent company is about to complete a bond transaction issued in seven installments. The term ranges from 2 to 19 years. According to people familiar with the matter, the investors' subscription amount exceeds 17.1 billion euros, with demand mainly concentrated on the longest term tier. The interest spreads on all types of bonds issued by Alphabet this time are expected to be higher than when they were issued in May. This pricing also reflects the decline in the price of Alphabet's existing Eurobonds; interest spreads on these bonds have increased by up to 0.6 percentage points since trading began. According to the data, in addition to the 9 billion euro bonds issued in six installments in May, this bond issuance will make Alphabet the largest company to issue euro corporate bonds in a single calendar year. Currently, this record is held by Amazon, which raised 14.5 billion euros in March this year.

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