Alphabet Inc. has begun promoting its first Hong Kong dollar and Singapore dollar bond offerings to test investors' interest at a time when AI-related companies face increasing market volatility. According to people familiar with the matter, the initial price guidelines set by Google's parent company for the 2-year, 5-year, and 10-year Hong Kong dollar bonds it plans to issue are around 4.6%, 5%, and 5.5%, respectively. According to the source, the company is still promoting 2-year, 5-year, 10-year and 30-year Singapore dollar bonds, with price guidelines of around 2.75%, 3.25%, 3.65%, and 4%, respectively. The capital raised in this sale will be used for general corporate purposes, which may include repayment of existing debts. The source said the bonds could be priced as early as Thursday. The deal comes at a difficult time for tech sector borrowers. Last week, investors became more cautious about AI-related assets due to market concerns that the Democratic Party's sweep in the US midterm elections could result in more strict scrutiny of data center development and AI infrastructure spending. The industry has also been affected by market turmoil caused by Nvidia, a leading manufacturer of artificial intelligence chips, which is partnering with an external agency to find a potential successor to CEO Hwang In-hoon.

Alphabet Inc. has begun promoting its first Hong Kong dollar and Singapore dollar bond offerings to test investors' interest at a time when AI-related companies face increasing market volatility. According to people familiar with the matter, the initial price guidelines set by Google's parent company for the 2-year, 5-year, and 10-year Hong Kong dollar bonds it plans to issue are around 4.6%, 5%, and 5.5%, respectively. According to the source, the company is still promoting 2-year, 5-year, 10-year and 30-year Singapore dollar bonds, with price guidelines of around 2.75%, 3.25%, 3.65%, and 4%, respectively. The capital raised in this sale will be used for general corporate purposes, which may include repayment of existing debts. The source said the bonds could be priced as early as Thursday. The deal comes at a difficult time for tech sector borrowers. Last week, investors became more cautious about AI-related assets due to market concerns that the Democratic Party's sweep in the US midterm elections might subject data center development and AI infrastructure spending to more strict scrutiny. The industry has also been affected by market turmoil caused by Nvidia, a leading manufacturer of artificial intelligence chips, which is partnering with an external agency to find a potential successor to CEO Hwang In-hoon.