UPDATE 1-Google parent Alphabet eyes multi-tranche yen bonds, term sheet shows

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Updates with more detail about bond sale

May 12 (Reuters) - Google parent Alphabet Inc GOOGL.O is considering a multi-tranche yen-denominated bond sale with maturities of up to 40 years, according to a term sheet seen by Reuters on Tuesday.

Alphabet's issuance is expected to total several hundred billion yen, a source with direct knowledge of the deal told Reuters on Monday . The term sheet did not disclose the size of the sale.

Alphabet has mandated Mizuho 8411.T, Bank of America BAC.N and Morgan Stanley MS.N to work on the transaction.


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