On May 11, 2026, Alphabet Inc. closed its inaugural Canadian maple bond offering of $8.5 billion of notes, in four series with maturities ranging from five to 30 years. This issuance represents both the largest maple bond, as well as the largest corporate bond offering in Canadian history. Alphabet intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of outstanding debt.
Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, California. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android.
Osler, Hoskin & Harcourt LLP represented RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc., as joint book-running managers, with a team consisting of Michael Innes, Rosalind Hunter, Will Heisey, Shae-Lynne Shaheen (Corporate) and Timothy Hughes (Tax).
Key Contact
Partner, Chair: Corporate, Toronto
Team
Partner, Corporate, Toronto
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Partner, Tax, Toronto
