Public Event Detail
Amazon Seeks to Raise at Least C$7 Billion in Canada Bond Sale
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Event summary
Amazon.com Inc. is looking to raise at least C$7 billion, potentially up to C$10 billion, through an investment-grade bond sale in Canadian dollars. This move comes as U.S. technology giants, known as hyperscalers, seek funding outside their home markets to finance massive artificial intelligence infrastructure spending, following a similar bond offering by Alphabet Inc. Amazon plans to offer senior unsecured notes in five parts with maturities ranging from three to 30 years to support its substantial investments in data centers and other AI-related infrastructure.