Alphabet Set to Raise $20 Billion From US Dollar Bond Sale

Bloomberg Alphabet Inc. is set to raise $20 billion from its US dollar bond offering, exceeding earlier expectations for a $15 billion deal. The deal comes amid booming investor demand for artificial-intelligence-linked debt, with the offering attracting more than $100 billion of orders at its peak — among the strongest ever for a corporate bond offering. Most Read from Bloomberg Pricing on the longest portion of the offering — a bond maturing in 2066 — tightened to a premium of 0.95 percentage point ...