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On May 11, 2026, Alphabet Inc., the parent company of Google LLC and one of the world's most valuable public companies, closed its inaugural Canadian maple bond offering, issuing $8.5 billion aggregate principal amount of Canadian dollar-denominated senior unsecured notes in four series. The offering comprised $1.5 billion of 3.650 percent notes due 2031, $2 billion of 4.000 percent notes due 2033, $2.25 billion of 4.350 percent notes due 2036, and $2.75 billion of 5.000 percent notes due 2056, with maturities ranging from approximately five to 30 years. The offering was registered with the U.S. Securities and Exchange Commission under a base prospectus dated April 25, 2025, with interest accruing from May 15, 2026 and payable semi-annually on May 15 and November 15. The transaction represents both the largest maple bond and the largest corporate bond offering in Canadian history, and it was executed concurrently with a €9 billion euro-denominated SEC-registered senior notes offering by Alphabet that priced and closed on the same dates. Net proceeds from the offerings will be used for general corporate purposes, which may include the repayment of outstanding debt.
Parties
Company
Alphabet Inc.
Company
RBC Dominion Securities Inc.
Company
Scotia Capital Inc.
Company
TD Securities
Deal Type
Public/Private OfferingIndustry
Tech/Computer/ITTransaction
$ 8,500,000,000Deal Status
ClosedClosing Date
11 May 2026