...May 5, 2026 NEW YORK (S&P Global Ratings) May 5, 2026--S&P Global Ratings today assigned its `##+' issue- level rating to Alphabet Inc.'s proposed euro- and Canadian dollar-denominated senior unsecured notes. The company intends to use the proceeds from these notes for general corporate purposes, which may include the repayment of short-term debt. Our `##+' issuer credit rating and stable outlook on Alphabet are unchanged and continue to reflect 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 ($126.8 billion of cash equivalents and marketable securities and $80.3 billion of debt [not including the proposed debt issuance] as of March 31, 2026). We estimate the company has capacity to increase its net debt by nearly $180 billion (not including this proposed debt issuance) before it reaches our 1x S&P Global Ratings-adjusted...
