Amazon launches pound bonds
Amazon has announced its first issuance of bonds denominated in British pounds, raising approximately £4.25 billion ($5.8 billion) through a four-tranche offering. Despite a slight decrease in demand, the order book totaled over £11.65 billion. This issuance is part of Amazon’s efforts to bolster its financing, marking the fourth bond offering outside the dollar bond market since the beginning of the year. The company has previously issued bonds in euros, Swiss francs, and achieved record figures in the global markets. This issuance serves as a reminder of how major corporations are financing their activities, particularly in the cloud computing sector, with continued demand for bond issuances to support investments in areas such as artificial intelligence.
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