Public Event Detail
Amazon inks $17.5B loan in financing led by Citigroup
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2026-06-10AMZNAmazonAlpha Vantage Newsalpha_vantage_news
Event summary
Amazon has secured a $17.5 billion delayed draw term loan from a consortium of banks, with Citigroup Inc. leading the financing. The loan, which must be repaid within three years of borrowing, will accrue interest at a rate tied to the Secured Overnight Financing Rate (SOFR) and aims to support the company's expansion of artificial intelligence infrastructure. JPMorgan Chase & Co., Bank of America Corp., HSBC, and Wells Fargo & Co. are among the other participating banks.
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