Amazon aims to raise $25 billion from bond sale, Bloomberg News reports
· Reuters
AI Briefing
- • Amazon plans to raise at least $25 billion through a U.S. dollar bond sale.
- • The offering size could increase based on investor demand, according to Bloomberg.
- • The bond sale is to fund Amazon's AI investments.
Context
Amazon.com is looking to raise at least $25 billion through a U.S. dollar bond sale. The company's latest push is to fund its hefty AI investments. Bloomberg News reported this on Tuesday.
The size of Amazon's offering could increase depending on investor demand, according to people familiar with the matter. A regulatory filing by the tech giant showed it has filed for an eight-part bond sale.
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