Alphabet becomes first tech company to issue 100-year bonds in nearly three decades.

My favorite comment on the article is “The problem with capitalism is that you eventually run out of other people’s money."

  • BeardedGingerWonder@feddit.ukEnglish
    1·
    3 hours ago

    Coupon rate is paid on the principal - assuming the hundo is accurate then it’s $5/yr. If you think Motorola will be around in 14 years then you’d have your investment back. If you think they’ll be around in another 70 years you get $350 + $100 because when it matures they need to repay the bond.