Credit Market Can Handle Tech’s Debt Surge, BI Panelists Say

Concerns over massive debt issuance from tech giants such as Meta Platforms Inc. and Alphabet Inc. creating oversupply in the credit market are premature, said panelists at the Bloomberg Intelligence European credit market outlook conference in London.

Tech firms have recently hit the bond market on both sides of the Atlantic, partly to help meet gargantuan AI-related investment needs, raising worries that this rapid swelling of the debt universe could end up leading to a sharp selloff.