Market Chatter: Amazon Making Euro Bond Market Debut With 8-Part Sale

MT Newswires Live03-11 17:50

Amazon.com (AMZN) is entering the euro bond market with a record eight-part offering that's expected to raise about 10 billion euros ($11.6 billion), Bloomberg News reported Wednesday, citing people familiar with the matter.

The securities will have maturities ranging from two to 38 years, the unnamed sources told the news outlet.

The proceeds will help the e-commerce giant fund large investments in artificial intelligence infrastructure, according to the report.

Amazon didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment