Big Tech just lined up more than $60B of new bonds in about a week$Microsoft(MSFT.US) sold $25B on Thursday, its first U…
Big Tech just lined up more than $60B of new bonds in about a week
$Microsoft(MSFT.US) sold $25B on Thursday, its first US bond deal since 2017$Meta Platforms(META.US) is seeking at least $20B across dollar and euro bonds, its first ever sale in euros$Oracle(ORCL.US) sold $10B of bonds Monday with coupons as high as 8.65%, alongside about $9.9B of new stock$Alphabet(GOOGL.US) raised €6B in Europe, its second euro sale this yearBig Tech had stayed out of the US bond market for almost three months after its last borrowing binge spooked investorsThe AI buildout is now being funded with debt, not just cash flow. $Meta Platforms(META.US), $Alphabet(GOOGL.US) and $Amazon(AMZN.US) all just reported negative free cash flow, so the real test is whether bond buyers keep saying yes at these pricesSource: StockMarket.News
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