**Alphabet raised $3.8 billion by selling bonds in Asia**

Alphabet, Google's parent company, raised approximately $3.8 billion through bonds issued in Hong Kong and Singapore dollars. This is the first time the company has sold bonds in these currencies.

Alphabet initially planned to raise $3 billion, but investor demand turned out to be much higher, with orders exceeding $7 billion. As a result, the company increased the volume of bonds offered for sale.

Of the total, the company raised approximately $2 billion from bonds issued in Hong Kong dollars, with the remainder coming from securities sold in Singapore dollars.

Source: Reuters