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Alphabet shocked Wall Street last week with its plan to devote between $175 billion and $185 billion to capital expenditures this year — and the Google parent company just gave a signal of how it plans to pay for that.
The cloud and search giant completed a $20 billion U.S. bond offering on Monday, according to Bloomberg News, following on the heels of Oracle’s
monster $25 billion debt financing a week ago. And the deal could be followed by something highly unusual: Bloomberg reported that Alphabet GOOG GOOGL is planning subsequent bond deals in Europe that could include 100-year maturities.
