Caroline Hyde

This is Bloomberg Tech coming up.

Alphabet looking to tap the debt markets with $15 billion in U.S.

high grade and a super rare 100-year sterling denominated note.

We have the details.

And Apple set to debut a slew of new products in the coming weeks, including a new iPhone 17E and updated iPads and Macs.

Yeah, Alphabet.

But actually, I'm going to do something a little unusual and go to the corporate debt and bond market.

Really interesting.

Alphabet looking to raise $15 billion from a U.S.

high-grade dollar bond sale.

Bloomberg reporting that, citing sources.

But also going to the banks for a mandate, maybe to look at Swiss franc denominated.

And then a super rare 100-year note, sterling denominated British pound.

We haven't seen a 100-year note since like dot-com era, late 90s.

But the bigger picture is pretty clear, right, Caro, that we've seen big tech companies use debt markets to fund what's happening in capital expenditures.

A lot more to discuss.

This is why going back to basics is probably a good place to start.

I agree with you.

People would say, well, why is that a good idea?

You know, they look at some of the mag seven names and the cash on their balance sheet and say, you know, why is that a useful mechanism for them?