Amazon aims to raise $25 billion from bond sale

Amazon aims to raise $25 billion from bond sale FILE PHOTO: Amazon logo outside an Amazon warehouse in Manchester · Reuters Nupur Anand and Deborah Mary Sophia Tue, July 7, 2026 at 2:46 PM GMT+2 2 min read AMZN DX-Y. NYB GOOGL MSFT META By Nupur Anand and Deborah Mary Sophia July 7 (Reuters) - Amazon. com said on Tuesday it is looking to raise $25 billion through a ‌U.

S. dollar bond sale, in the company's latest push to ‌fund its hefty AI investments. Tech companies have been tapping debt markets and launching equity sales ​to fund their costly AI infrastructure build-out.

Big Tech, including Amazon, Alphabet, Microsoft and Meta, are expected to spend more than $700 billion on AI this year. Peak demand for the offering reached $62 billion, according to a report by ‌Bloomberg News, which also ⁠first reported about the latest offering. The offering includes a mix of fixed-rate and floating-rate notes, across eight tranches, with ⁠maturities ranging from 2029 to 2066, according to a final term sheet filed on Tuesday.

An Amazon spokesperson said proceeds from the bond sale will be ​used for ​corporate purposes, including future capital expenditures ​and repaying upcoming debt maturities. Turning ‌to debt and equity offerings for capital marks a shift for the Silicon Valley giants, who have typically relied on their cash reserves to fund their investments. The recent debt offerings have seen strong investor appetite.

Google-parent Alphabet last month said it would raise some $85 billion in an upsized ‌equity sale. Facebook-parent Meta earlier this year ​sold investment-grade bonds worth $25 billion, following a $30 ​billion bond sale in ​October, which was the company's biggest ever. Amazon said in its ‌exchange filing that Barclays, Goldman ​Sachs, J.

P. Morgan and ​Morgan Stanley are the joint book-running managers for the offering. The company had in March targeted a $37 billion raise in a heavily oversubscribed ​11-part bond sale.