Amazon.com, Inc. (AMZN) Aims to Raise $25 billion from Bond Sale

Amazon.com, Inc. (NASDAQ:AMZN) is among the Ray Dalio  Stock Portfolio.

On July 7, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN)  said it plans to raise $25 billion through a US dollar bond sale. It will extend Big Tech’s focus toward debt  financing as companies are increasing AI infrastructure spending.

Reuters said the firms, Alphabet, Microsoft, and Meta, are expected to spend more than $700 billion on AI this year. Bloomberg News said demand for Amazon.com, Inc. (NASDAQ:AMZN)’s offering peaked at $62 billion. The company structured the sale across eight tranches of fixed and floating-rate notes with maturities ranging from 2029 to 2066.

Amazon.com, Inc. (AMZN) Aims to Raise $25 billion from Bond Sale

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An Amazon spokesperson said the proceeds will be used for general corporate purposes, including future capital expenditures and repayment of upcoming debt maturities. The tech giant also named Barclays, Goldman Sachs, JP Morgan, and Morgan Stanley as joint book-running managers.

Reuters noted Alphabet recently announced an $85 billion equity sale, while Meta completed $25 billion of investment-grade bonds earlier this year after a $30 billion offering in October.

Amazon previously targeted $37 billion in an oversubscribed bond sale in March.

Amazon.com, Inc. (NASDAQ:AMZN) is a globally recognized technology firm that provides online retail shopping operations. It functions in North America, International, and Amazon Web Services segments.

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