Alphabet eyes $3 billion Hong Kong, Singapore bond sale, sources say Reuters
Alphabet eyes $3 billion Hong Kong, Singapore bond sale, sources say - Reuters
In short
Alphabet is looking to raise $3 billion through a bond sale conducted in Hong Kong and Singapore. The planned transaction targets investors located across these two prominent Asian financial centers. Further specific terms and details regarding the planned offering have not yet been disclosed.
Key points
- Alphabet intends to tap debt capital markets in Hong Kong and Singapore for funding.: Alphabet intends to tap debt capital markets in Hong Kong and Singapore for funding.
- The technology company is currently targeting a total capital raise of $3 billion.: The technology company is currently targeting a total capital raise of $3 billion.
- Further specific details and financial terms of the bond transaction remain unannounced.: Further specific details and financial terms of the bond transaction remain unannounced.