Alphabet raises 3.6 billion with first yen bond deal, smashing records and fueling AI spending

Published on 15 May 2026

Its first yen bond beats a decades-old record

Alphabet has launched its first yen-denominated bond sale, issuing 576.5 billion yen (about $3.6 billion), the largest such offering by any foreign company. The debt helps fund the company’s major AI investment push and broader efforts to diversify funding sources beyond prior euro, sterling, Canadian dollar, and Swiss franc issues. Underwriters say demand was strong domestically and internationally, surpassing Berkshire Hathaway’s 2019 yen record. Bonds are set to mature from 3 to 40 years, with coupons ranging 1.965% to 4.599%.

Alphabet issued 576.5 billion yen worth about $3.6 billion
It is Alphabet’s first yen-denominated debt offering
The deal becomes the largest yen bond sale by a foreign firm
Maturities span 3, 5, 7, 10, 15, 30 and 40 years
Coupons range from 1.965% to 4.599%
Demand topped the prior 430 billion yen record by Berkshire Hathaway

#alphabet #ai investment #yen bonds #markets #debt issuance

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Alphabet raises 3.6 billion with first yen bond deal, smashing records and fueling AI spending

The full experience is on mobile.