# Alphabet, the parent company of Google, is considering selling Japanese yen bonds.

*business · news · 2026-05-11 · The Manila Times*

## Key points

- Alphabet is considering issuing its first-ever Japanese yen-denominated bonds, according to LSEG data.
- Mizuho, Bank of America, and Morgan Stanley have been appointed as bookrunners for the potential yen bond issue.
- Big Tech companies' AI infrastructure spending is expected to surge to $700 billion this year, up from $410 billion in 2025.
- Alphabet recently raised nearly $17 billion via euro and Canadian bond issuances, per recent company filings.
- Alphabet increased its 2024 capital spending forecast by $5 billion, now projected at $180-190 billion.

**Companies:** Alphabet, Bank of America, Morgan Stanley, Mizuho
**Countries:** Japan, United States

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/05/12/business/foreign-business/google-parent-alphabet-eyes-japanese-yen-bond-sale/2340505)

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