GOOGL: Alphabet prices €6B in seven euro-denominated notes due 2028-2045
Alphabet prices €6.0B in senior unsecured notes across seven tranches, 2028 to 2045, rated Aa2/AA+, settling Nov 5, 2026.
What this filing says
Alphabet is selling €6 billion of senior unsecured notes in seven series, from floating rate notes due 2028 to 5.250% notes due 2045, with trade date November 2, 2026 and settlement expected November 5, 2026. Shareholders are not directly affected by the stock, but the offering adds debt to Alphabet's balance sheet, and the notes carry Aa2 and AA+ ratings. The company intends to seek a Nasdaq Bond Exchange listing, though there is no public market yet and approval is not assured.
Key figures
- Total offering size
- €6,000,000,000
- Trade date
- November 2, 2026
- Settlement date
- November 5, 2026
- Moody's rating
- Aa2 (Stable)
- S&P rating
- AA+ (Stable)
- Minimum denomination
- €100,000
Positive for shareholders
- The notes carry high credit ratings of Aa2 from Moody's and AA+ from S&P.
Negative for shareholders
- The offering adds new senior unsecured debt across maturities from 2028 to 2045.
- The notes are not yet listed and there is currently no public market for them.
- The company may redeem the notes early if certain U.S. tax law changes occur.
Written by Quantisnow AI from this filing. Not financial advice.
Key terms
- Senior unsecured:
- Debt that is not backed by specific collateral and ranks ahead of subordinated debt if the issuer fails to pay.
- EURIBOR:
- The Euro Interbank Offered Rate, a benchmark interest rate at which euro-area banks lend to one another.
- Free writing prospectus:
- A marketing document used alongside a registered securities offering that adds details to the main prospectus.
- PRIIPs:
- EU rules requiring a key information document for packaged retail investment products, which these notes do not have because they are aimed at professional investors.
FAQ
How much is Alphabet raising in this offering?
Alphabet is offering €6,000,000,000 across seven series of notes with maturities from 2028 to 2045.
Can retail investors buy these notes?
The offering targets professional investors and eligible counterparties only, and no retail key information document has been prepared.
When will the notes start trading on Nasdaq?
The company currently expects trading to begin within 30 days after the original issue date, subject to Nasdaq approval.
Historical context for GOOGL
Across the 23 sessions after earlier GOOGL headlines, the stock closed higher 12 times and lower 11 times, with a median move of 1.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | GOOGL | SPY |
|---|---|---|---|
| Oct 30, 2026 | Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 1, 2026 in Alphabet Inc. Lawsuit - GOOGL/GOOG | -1.4% | -1.8% |
| Oct 23, 2026 | Levi & Korsinsky Reminds Alphabet Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of December 1, 2026 - GOOGL/GOOG | -1.2% | -0.5% |
| Oct 16, 2026 | Alphabet Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Alphabet Inc. Securities Lawsuit - Contact Levi & Korsinsky | -2.5% | -1.1% |
| Jun 30, 2026 | Morgan Stanley reiterated coverage on Alphabet A with a new price target | +1.1% | +0.8% |
| May 6, 2026 | Mizuho reiterated coverage on Alphabet A with a new price target | +2.5% | +1.4% |
| Apr 20, 2026 | KeyBanc Capital Markets reiterated coverage on Alphabet A with a new price target | -1.2% | -0.2% |
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Computer Software: Programming Data Processing
- Listed since
- 2004
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