Alphabet Sets Initial Price Guidance for Debut Hong Kong and Singapore Dollar Bonds

Alphabet Inc. has released initial price guidance for its debut bond sales denominated in Hong Kong and Singapore dollars, aiming to raise at least $2.2 billion. Guidance for the Hong Kong dollar tranches stands between 4.60% and 5.50% across maturities from 2028 to 2036, while the Singapore dollar notes carry guidance from 2.75% to 4.00% across maturities through 2056. The multicurrency debt offering targets a minimum of HK$8 billion and S$1.5 billion, with settlement scheduled for November 19. HSBC and JPMorgan are acting as joint global coordinators for the issuance, which follows extensive global debt raises.