Alphabet Inc. 8-K

What Happened
Alphabet Inc. announced it closed concurrent underwritten public offerings on February 13, 2026 of $20.0 billion aggregate principal amount of U.S. dollar-denominated senior notes and £5.5 billion aggregate principal amount of Sterling-denominated senior notes. The notes were issued under Alphabet’s Indenture dated February 12, 2016, with The Bank of New York Mellon Trust Company, N.A., as trustee.

Key Details

• Total size: $20.0 billion (U.S. notes) and £5.5 billion (Sterling notes), closed Feb 13, 2026.
• U.S. tranches: seven series maturing 2029–2066, coupon rates from 3.700% to 5.750% (notable amounts: $4.25B due 2036 at 4.800%; $4.0B due 2056 at 5.650%).
• Sterling tranches: five series maturing 2029–2126, coupon rates from 4.125% to 6.125% (including £750M due 2029 at 4.125% and £1.0B due 2126 at 6.125%).
• The Indenture and the forms of each global note are filed as exhibits; legal opinions from Cleary Gottlieb are included.

Why It Matters
This filing documents a significant debt financing by Alphabet that increases the company’s long-term debt obligations in both U.S. dollars and Sterling across a wide range of maturities. For investors, key takeaways are the size, interest costs (coupon rates), and timing of principal repayments—factors that affect Alphabet’s future interest expense, liquidity planning and capital structure. The 8-K attaches the governing documents and legal opinions, allowing investors to review the exact terms of the debt.