Nvidia to offer $20 billion in bonds, marking first high-grade debt sale since 2021 - Cryptopolitan

* Nvidia is raising at least $20 billion through a seven-part bond sale, its first since 2021, with Goldman Sachs, JPMorgan, and Morgan Stanley managing the deal. * The proceeds will fund debt refinancing and general corporate purposes as the chipmaker preserves cash for AI investments. * The offering comes amid strong investor demand for tech debt and follows similar large bond sales by Alphabet and Amazon. **Nvidia is looking to sell at least $20 billion in an investment-grade bond offering, in a bid to lock in more financing amid a perpetually increasing demand for AI-based debt securities. This would be the tech giant and major chipmaker’s first visit to the corporate market in five years.** This offering will be managed by Morgan Stanley, JPMorgan Chase, and Goldman Sachs. The offering is divided into seven different parts, with maturities ranging from two to 30 years, according to a term sheet noted by Reuters. The longest-dated bonds, maturing in 2056, are being marketed at slightly above Treasury yields. Nvidia said proceeds will go toward general corporate purposes, including paying down and refinancing existing notes. The company last dealt in the corporate bonds market in June 2021, when it raised $5 billion, a quarter of what it currently seeks in the market. The timing aligns with an increasing demand for blue-chip tech debt securities throughout 2026, regardless of the volatility that has struck the equity markets this year.