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Alphabet eyes $2.2b from first HK, Singapore dollar bonds
Alphabet has set initial price guidance for its first Hong Kong dollar and Singapore dollar bond sales, according to a term sheet.
For the Hong Kong dollar bonds, guidance was 4.60% for the 2028 notes, 5.00% for the 2031 notes, and 5.50% for the 2036 notes.
For the Singapore dollar bonds, guidance was 2.75% for the 2028 notes, 3.25% for the 2031 notes, 3.65% for the 2036 notes, and 4.00% for the 2056 notes.
The sales would likely raise at least US$2.2 billion, according to a source.
HSBC and JP Morgan are joint global coordinators, and settlement is scheduled for November 19.
The bonds are expected to be rated Aa2 by Moody’s and AA+ by S&P Global Ratings. Separately, S&P Global Ratings rated Alphabet’s then-proposed unsecured notes A on February 9, 2026.
🔗 Source: Reuters
