Alphabet Inc. plans to sell a very rare 100-year bond as part of its mega debt issue, in the first sale of such long-dated debt by a technology firm since the late 1990s.
The 100-year bond will be denominated in sterling, along with four other tranches in the currency, according to a person familiar with the matter. The deal, which is Alphabet’s debut sterling sale, could be priced as early as tomorrow, the person added, asking not to be identified.
It marks the first sale with such an extreme maturity by a technology firm since Motorola sold this type of ...
