CHICAGO (S&P Global Ratings) April 28, 2025--S&P Global Ratings today assigned its 'AA+' issue-level rating to Mountain View, Calif.-based global technology company Alphabet Inc.'s proposed senior unsecured notes. The company intends to use the proceeds from these notes for general corporate purposes. Our 'AA+' issuer credit rating on Alphabet reflects its strong position in the online search and video advertising markets, expanding position as a cloud infrastructure provider, strong technological talent, excellent operational track record, and financial flexibility ($95.3 billion of cash equivalents and $14 billion of debt as of March 31, 2025). The company would have to increase its net debt by over $200 billion before it would reach our 1x S&P Global Ratings-adjusted net leverage downgrade threshold. Alphabet
