US Tech Giants Issue Record Euro-Denominated Debt for AI Investments (eco.sapo.pt)

• Alphabet raised €13.25 billion in two euro bond deals; Amazon raised €14.5 billion.
• International euro bond issuance rose 30% in 2025 to over $1.1 trillion.
• Euro overtook dollar as top currency for green bonds, with 41% share.

"US technology giants Alphabet and Amazon have issued record amounts of euro-denominated bonds in 2025–2026 to finance AI and cloud infrastructure in Europe, driving international euro bond issuance to its highest level since the currency's creation—over $1.1 trillion. The euro also surpassed the dollar as the leading currency for green bond issuance, according to the ECB's annual report on the international role of the euro."