By Allison Morrow
Publication Date: 2026-02-11 01:00:00
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here.
New York
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Investors are pretty confident that Google’s parent company, Alphabet, will still be a going concern in the year 2126.
When a company needs to raise money, it can generally either sell stocks or sell bonds. This week, Google went the bond route. But the choice to include so-called century bond raised eyebrows for a few reasons.
The tech giant on Tuesday issued an extremely rare corporate bond that matures 100 years from now, part of a multibillion-dollar borrowing spree the company is undertaking to fuel its AI ambitions.
Now, let’s just underline that for a second: Google, a nearly $4 trillion public company with more than $73 billion in free cash flow annually, is turning to debt markets to raise even…
