Alphabet announces record 576bn yen bond issuance in Japan
Finance
Google parent’s multi-tranche deal tops Berkshire Hathaway’s previous high
Landmark issuance underscores demand from overseas companies in the Japanese market. (Nikkei montage)
TOKYO — Google parent Alphabet will issue close to 600 billion yen worth of yen-denominated bonds, the largest-ever bond offering in the Japanese currency by a foreign company, surpassing a previous record set by the U.S. investment firm Berkshire Hathaway.