Alphabet (yep, Google's parent company) is expected to raise at least $2.2 billion by selling its first-ever bonds in Hong Kong and Singapore dollars.
HSBC and JPMorgan are leading the charge, while Bank of China (Hong Kong), ICBC, and Standard Chartered are arranging the Hong Kong dollar bond sale.
HKD 4.60-5.50% SGD 2.75-3.65% 2056 4.00%
If you're curious about the numbers: Hong Kong dollar bonds offer 4.60% to 5.50% interest for notes maturing between 2028 and 2036, while Singapore dollar bonds range from 2.75% to 3.65%, plus 4.00% for a 2056 note.
Credit ratings look strong too: Moody's says it is expected to be rated "Aa2" and S&P says "AA+."
Settlement happens November 19, so it's all moving pretty quickly!