Hong Kong and Singapore, 11 November 2026 – Alphabet Inc., the parent company of Google, is considering raising the equivalent of about USD3 billion through its first Hong Kong dollar and Singapore dollar bond sales, two people familiar with the plans said on 11 November. A term sheet circulated to prospective investors indicated several possible maturities, including a 30-year Singapore dollar option. The amount and maturities are preliminary. No final price or completed sale was confirmed in the report.
The plans matter to Asian fixed-income investors because they could offer exposure to Alphabet in currencies used by local institutions, rather than requiring investors to buy its US dollar debt. For the company, selling in more currencies could diversify its sources of financing. The economics will depend on pricing and any currency hedging, and a first issue in a local currency does not show how much funding Alphabet will return to that market for later.
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