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Amazon's first British pound bonds

Amazon's first British pound bonds

Amazon announced that it will for the first time issue bonds denominated in British pounds, with an expected value of approximately 4.25 billion pounds sterling (equivalent to $5.8 billion). This move aims to fund its investments, particularly in the field of artificial intelligence. This issuance follows investor demand reaching around 11.65 billion pounds, slightly below previous expectations that had exceeded 12 billion pounds. This is Amazon's fourth bond issuance outside the US dollar bond market since the beginning of the year, highlighting the company's ongoing willingness to issue large-scale bonds, which have collectively totaled over $92 billion. The focus remains on sustainable financing for AI projects and technological expansion.

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