Amazon plans to raise at least $25 billion through a U.S. dollar bond offering.

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Jin Shi Finance reported that on July 7, Amazon is returning to the U.S. bond market to raise funds for the construction of its artificial intelligence infrastructure. According to people familiar with the matter, the company will issue 8 tranches of benchmark bonds with maturities ranging from 3 to 40 years. Among them, the longest-term bond (maturing in 2066) has an initial price guidance of about 1.45 percentage points above U.S. Treasuries. It is reported that this U.S. dollar bond issuance will raise at least $25 billion. Barclays, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are managing the bond issuance. The proceeds will be used for general corporate purposes, which may include debt repayment, acquisitions, and capital expenditures. This is the latest example of a series of large-scale bond issuances by major cloud computing companies. These companies are investing hundreds of billions of dollars in AI infrastructure construction. So far, investors have been actively subscribing, with subscription sizes reaching several times the issuance size on multiple occasions. (Jin Shi)
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