bond

Published on
16/06/2026 – 11:49 GMT+2

The world’s most valuable company, the chipmaker Nvidia, priced a $25 billion (€21.5bn) bond offering on Monday, marking its first issuance since 2021 and one of the largest by a technology company this year.

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The deal was originally pencilled in at around $20 billion (€17.2bn) but was enlarged after demand ran more than three times the size of the bond, according to a person familiar with the matter cited by Bloomberg.

Investor appetite was the headline of the sale.

Orders reached as high as $85 billion (€73.2bn), allowing Nvidia to upsize the transaction and tighten its borrowing costs in the process.

The timing was also favourable.

The announcement of a US-Iran framework deal to end the conflict in the Middle East steadied credit markets, pushing investment-grade spreads to their narrowest levels since early February, before the Iran war began.

That backdrop helped Nvidia lock in relatively cheap long-term financing.

According to Bloomberg Intelligence analyst Robert Schiffman, inexpensive long-dated debt lowers Nvidia’s weighted average cost of capital and helps bankroll its AI investments without threatening its AA credit rating.

A company spokesperson stated that the proceeds would be used for general corporate purposes, including repaying and refinancing existing notes.

Nvidia last tapped the investment-grade market in June 2021, when it sold $5 billion (€4.3bn) of notes across four maturities, according to a regulatory filing.

The contrast in scale underscores how quickly its financing needs have grown alongside the data centre build-out and increased demand from hyperscalers.

A wider borrowing frenzy

Nvidia joins a queue of technology giants raising vast sums to fund AI infrastructure.

Meta and Oracle have each issued $25 billion (€21.5bn) in bonds this year, while Amazon completed a single $37 billion (€31.8bn) deal, the largest US investment-grade offering of this year before Nvidia’s issuance on Monday.

For Nvidia, the raise also keeps share dilution off the table, giving it greater flexibility as capital commitments mount. The firm has invested $5 billion (€4.3bn) in Intel, pledged up to $10 billion (€8.6bn) to Anthropic and contributed $30 billion (€25.8bn) to OpenAI’s latest funding round.

Nvidia shares closed up 3.5% at $212.45 after the deal, valuing the company at about $5.14 trillion (€4.42tn).

On the other hand, Alphabet, Google’s parent company, opted for equity instead, pricing an upsized $84.75 billion (€73bn) capital raise earlier this month, after originally seeking around $80 billion (€68.9bn), according to a company filing.

The transaction, which includes a $10 billion (€8.6bn) private placement from Berkshire Hathaway, ranks as the largest equity capital raise on record and is intended to fund the group’s AI compute expansion.

Management has guided 2026 capital expenditure to between $180 billion (€155.1bn) and $190 billion (€163.7bn).

However, the equity move came on top of an already heavy borrowing run. According to its own filing, Alphabet raised more than $85 billion (€73.2bn) of debt across six major currencies and markets in the first quarter of 2026, taking its total debt balance above $100 billion (€86.1bn).

That included a US dollar bond round early in the year, leaving Google relying on both debt and equity financing to bankroll its AI ambitions.

A BOND Girl has been spotted on rare outing 50 years after her sizzling scenes aired in one of the most iconic 007 movies.

Former Bond Girl Gloria Hendry, who played CIA agent Rosie Carver, was seen out and about looking amazing this week while running some errands.

50 years after starring opposite Roger Moore in the iconic flick Live and Let Die, Gloria, now 77, was spotted in Las Vegas.

The model and actress wore a casual brown and black top with some black leggings and slip on shoes for the low-key trip.

Looking youthful and content, Gloria wore her hair in a short light brunette bob, which was very different to the afro she sported in the movie.

Florida-born Gloria shot to fame in her 20s when she became 007‘s first African-American woman to become romantically involved with James Bond.

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In the 1973 movie, she was fresh-faced and vibrant, showcasing a voluminous afro that framed her face.

The model-turned-actress played the part of Rosie Carver, who famously gets shot and killed in Bond’s arms.  

Her steamy scenes with Roger Moore catapulted her into the spotlight in the Ian Fleming classic.

The movie theme of Live and Let Die was famously written by Paul McCartney. 

In his memoir, 007 star Roger described how the passion between himself and Gloria impacted his marriage.

“As Bond, I make love to Rosie Carver, played by the beautiful black actress Gloria Hendry, and my wife Luisa has learned from certain Louisiana ladies that if there is a scene like that they won’t go to see the picture,” he penned.

He added: “I personally don’t give a damn, and it makes me all the more determined to play the scene.”

Before her Bond Girl fame, she was a model and spent time at the Playboy Club.

She worked as a Playboy Bunny at the New York Playboy Club from 1965 until 1972.

Her model past led to her acting debut in Sidney Poitier’s For Love of Ivy, which then led to her bagging the James Bond role.

Following her Bond Girl fame, she has maintained a relatively low profile in Hollywood.

However, she did enjoy a moment in the spotlight as the writer and director of Glamour Girls, which was showcased at the Barbara Morrison Performing Arts Center in Los Angeles in October 2011.

Away from the screen, Gloria was married to Phillip W. Wright from 1995 until his passing in 2022.