ALPHABET EYES $3 BILLION HONG KONG AND SINGAPORE BOND SALE, SOURCES SAY

Google parent Alphabet is looking to raise about $3 billion equivalent through its first bond sales in Hong Kong and Singapore dollars, two people with knowledge of the matter said, testing Asian investor demand after an AI-led selloff in ​global markets earlier this month.

One of the people added that the sales would likely raise at ​least $2.2 billion, with Alphabet considering minimum sizes of HK$8 billion ($1 billion) for the ⁠Hong Kong dollar portion and S$1.5 billion ($1.2 billion) for the Singapore dollar portion.

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