Alphabet kicks off Australian dollar bond sale as AI spending soars
Businesstimes News·'Historic Moment' as Alphabet Eyes First Australian Dollar Bond Sale; GOOGL Stock Rises
Tip Ranks·- Alphabet Inc. is reportedly planning to raise about A$ 5 billion through its first Australian dollar bond sale to fund its expanding artificial intelligence spending. - The potential transaction marks the largest corporate debt issue ever sold in Australia and the first by a U.S. large-cap technology company in the Kangaroo bond market in nearly a decade. - This debt issuance follows a $25 billion dollar bond sale earlier in the month, as the company scales up its 2026 capital expenditure plan to between $195 billion and $205 billion.REG - Australia & NZ Bank. - Publication of a Supplementary Prospectus
London Stock Exchange·ANZ, NAB among banks funding Blackstone’s HSBC book buy: Australian media
Businesstimes News·- ANZ and National Australia Bank are among the lenders funding Blackstone’s A$36 billion acquisition of HSBC’s Australian retail loan portfolio. - Blackstone arranged at least A$30 billion in senior debt via a privately offered residential mortgage-backed securitisation involving both domestic and foreign banks. - The transaction, which includes Pepper Money servicing the portfolio, is expected to close in the first half of next year.