1051 GMT - Amazon's four-part sterling bonds issue, the company's first supply in the sterling market, looks attractive at current intial price talk, CreditSights analysts say in a note. Amazon's 3-year sterling bond has an initial price talk in the area of U.K. government bond yield plus 70 basis points, 6-year bond at U.K. government bond yield plus 90bps, 12-year bond at U.K. government bond plus 105 bps and the 19-year bond at U.K. government bond yield plus 110 bps. The pricing on the sterling bonds offers a good entry point to buy good quality credit investments, the analysts say. The Amazon sterling bonds are still at the premarketing stage, LSEG data show.
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