$GOOGL·8-K

Alphabet Inc. · May 11, 4:45 PM ET

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Alphabet Inc. 8-K

Research Summary

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Updated

Alphabet Inc. Closes Euro & Canadian Dollar Senior Notes Offering

What Happened
Alphabet announced it closed concurrent underwritten public offerings of €9.0 billion aggregate principal amount of euro-denominated senior notes and C$9.5 billion aggregate principal amount of Canadian dollar-denominated senior notes on May 11, 2026. The notes were issued under the indenture dated February 12, 2016, with The Bank of New York Mellon Trust Company, N.A. as trustee, and were registered under Alphabet’s Form S-3 (File No. 333-286752).

Key Details

  • Total size: €9.0 billion (Euro Notes) and C$9.5 billion (Canadian Notes), closed May 11, 2026.
  • Euro tranches: €1.5B 3.200% due 2030; €1.75B 3.450% due 2032; €1.5B 3.625% due 2034; €1.75B 4.100% due 2039; €1.25B 4.500% due 2045; €1.25B 4.800% due 2063.
  • Canadian tranches: C$1.5B 3.650% due 2031; C$2.0B 4.000% due 2033; C$2.25B 4.350% due 2036; C$2.75B 5.000% due 2056.
  • The indenture and the forms of the notes, plus legal opinions from Cleary Gottlieb, are filed as exhibits to the 8‑K.

Why It Matters
This transaction adds long-term, fixed-rate debt denominated in euros and Canadian dollars to Alphabet’s balance sheet, with maturities ranging from 2030 to 2063 (euro) and 2031 to 2056 (Canadian). For investors, the offering is a material capital‑markets activity that affects Alphabet’s debt profile, future interest obligations, and currency exposure; the filed exhibits provide the full legal terms of the notes.

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