Amazon collaborates with banks for first GBP bonds
Amazon.com has issued its first bonds in British pounds sterling as part of its efforts to raise funds for investments in artificial intelligence. The company plans to issue bonds ranging from 3 to 19 years in duration, in collaboration with global banks such as J.P. Morgan Chase, Barclays, HSBC, and NatWest Group. Amazon is expected to become the largest issuer of bonds among major corporations in 2026, with debts amounting to twice those of Microsoft. The company intends to spend $220 billion on capital projects, most of which are in AI, amid rising financing costs and expanding bond offerings.
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