From Alphabet to Visa, US giants drive euro-denominated bond surge

Core Viewpoint - U.S. companies are increasingly borrowing in euros, with bond sales reaching a record $100 billion this year, indicating favorable European funding conditions and a growing willingness among issuers [1] Group 1: Market Trends - The bond sales in euros have hit a record high of $100 billion in 2023, showcasing a significant increase in demand for euro-denominated debt [1] - This trend reflects attractive funding conditions in Europe, which are drawing U.S. companies to the euro market [1] Group 2: Issuer Behavior - There is a growing willingness among U.S. issuers to tap into the European bond market, suggesting a shift in strategy towards diversifying funding sources [1]