Amazon bond issuance reportedly attracts $126 billion in investor demand

robot
Abstract generation in progress

Investing.com - According to Bloomberg on Wednesday, Amazon.com Inc.'s U.S. bond offering attracted peak demand of approximately $126 billion, making it one of the largest corporate bond issuances on record.

Amazon’s transaction size is second only to Oracle Corp.'s $129 billion order from last month’s bond sale, but exceeds Meta Platforms Inc.'s $125 billion issuance in October of last year.

Get faster breaking news with institutional-level data sources — enjoy a 50% discount today.

Amazon is entering the U.S. high-grade bond market, with the issuance covering up to 11 maturity tiers, ranging from 2 to 50 years. The company also launched an 8-part bond offering in the European high-grade primary market.

This demand indicates that, despite the ongoing escalation of conflicts in the Middle East and the increasing uncertainty about their potential impact on the U.S. economy, investor interest in the debt of large-scale cloud service providers remains strong.

JPMorgan Chase, Goldman Sachs, HSBC Holdings, and Citigroup are managing the issuance.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin