Alphabet is considering its first Hong Kong dollar and Singapore dollar bond sales as soon as this month, according to people familiar with the matter, as the Google parent explores new funding channels for general corporate purposes.

The company has discussed raising the equivalent of US$1 billion to US$1.5 billion in Hong Kong dollars, and about US$1.5 billion in Singapore dollars, according to the report.

The talks are ongoing, and the details could change.

The potential offerings would follow Alphabet’s 6 billion euros (US$6.71 billion) bond sale last week, which carried higher borrowing costs than the company’s May transaction.

The fundraising discussions come as Alphabet is expected to spend more on AI infrastructure. Asian local-currency bond markets have also seen record issuance this year.

🔗 Source: Bloomberg