Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+' - S&P Global Ratings’ Credit Research

Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+'

Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+' - S&P Global Ratings’ Credit Research
Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+'
Published Aug 03, 2020
3 pages (1413 words) — Published Aug 03, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

SAN FRANCISCO (S&P Global Ratings) Aug. 3, 2020--S&P Global Ratings today assigned its 'AA+' issue-level rating to Mountain View, Calif.-based digital advertising and technology provider Alphabet Inc.'s proposed unsecured notes, some of which will be dedicated to funding sustainability projects. This is the same as our 'AA+' issuer credit rating on the company because, while subsidiary Google LLC has approximately $300 million of notes outstanding that we view as structurally senior to Alphabet's notes, financial risk is very low. Therefore, we do not notch down Alphabet's notes from the issuer rating. The 'AA+' issuer credit rating reflects Alphabet's strong position in the online search and video advertising markets, strong technological talent, excellent track record of operating performance, and financial flexibility

  
Report Type:

Ratings Action

Ticker
GOOG
Issuer
Alphabet Inc.
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+'" Aug 03, 2020. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Alphabet-Inc-s-Proposed-Unsecured-Notes-For-Sustainability-Projects-And-General-Purposes-Rated-AA-2489360>
  
APA:
S&P Global Ratings’ Credit Research. (). Alphabet Inc.'s Proposed Unsecured Notes For Sustainability Projects And General Purposes Rated 'AA+' Aug 03, 2020. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Alphabet-Inc-s-Proposed-Unsecured-Notes-For-Sustainability-Projects-And-General-Purposes-Rated-AA-2489360>
  
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