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It's been some time coming, but Google (GOOG -1.9%) makes its first trip into the bond market...

May 16, 2011 1:17 PM ETAlphabet Inc. (GOOG) StockGOOGBy: Jason Aycock, SA News Editor1 Comment
It's been some time coming, but Google (GOOG -1.9%) makes its first trip into the bond market with a planned $3B sale that should be "scooped up like nobody's business." The company had $35B in cash and marketable securities at 2010's end, but will pay back short-term borrowings as investment-grade borrowing costs are about the lowest since November.

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